Aggregate Behavior Is

question 150

Multiple Choice

Aggregate behavior is

• A) the behavior of each household and firm.
• B) the behavior of each individual.
• C) the behavior of all households and firms together.
• D) none of the above.

---

Definitions:

StdDev

A rephrased term for standard deviation, indicating the degree to which individual data points in a set diverge from the mean value.

Mean

A mathematical average of a set of numbers, calculated by adding them all together and dividing by the number of numbers.

Median

In an arranged sequence of values, the median is the number situated in the middle, thus separating the collection of numbers into two segments.

StdDev

Short for Standard Deviation, it measures the amount of variance or dispersion in a set of values.