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If aggregate supply decreases and aggregate demand remains unchanged, what can be said about the relationship between the price level and the level of aggregate output?
High in Variability
Characterized by wide variations or differences in characteristics, outcomes, or responses.
Standard Deviations
A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean of the set.
Sample Medians
Statistical measures representing the middle value in a sample data set, dividing it into two halves when arranged in ascending or descending order.
Statistically Significant
A measure indicating that the likelihood of an observed effect occurring by chance is very low, thus suggesting a true effect.
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