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Suppose that during World War II the long-run aggregate supply curve shifted right.In order for price and output to have changed in the direction they did,what would have to have happened to aggregate demand?
Weighted Sum
A mathematical technique where each component is multiplied by a factor reflecting its importance before their sum is computed.
Variance of Returns
A measure of the dispersion of returns for a given security or market index, typically used to gauge the risk associated with a particular investment.
Covariance of Returns
A measure used in finance to assess how two investments move in relation to each other over a period.
Correlation Coefficient
A statistical measure that calculates the strength and direction of the relationship between two variables or assets.
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