One factor that affects the slope of the aggregate demand curve is the multiplier effect is a "true" statement.
<h3>What is
aggregate demand curve?</h3>
Aggregate demand would be a macroeconomic term which refers to the total consumption of goods and services in a given period at any price level.
Some key features regarding the aggregate demand curve?
- Since the two metrics are estimated in the same way, aggregate demand over time corresponds gross domestic product (GDP).
- GDP is the total quantity of products and services created by an economy, whereas aggregate demand is indeed the desire or demand for those goods.
- The aggregate demand as well as GDP rise or fall together as a result of using the same calculation methods.
- All consumer goods, capital equipment (factories & equipment), export markets, imports, & government spending programs are included in aggregate demand.
- As long as the variables trade for the same market value, they are all considered equal.
To know more about the aggregate demand curve, here
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Answer and explanation:
The gambler's fallacy is the fallacy of belief that if an event such as a loss occurs more frequently in the past, it is less likely to happen in the future. We assume here that this belief is true, therefore
If she loses, her probability of winning increases =3/4
If she wins, her probability to win is normal =1/2
Given that probability of winning is 1/2
Probability of losing is 1-1/2=1/2
Probability that she wins the tournament is probability that she wins the first two games and loses the last or wins the first game, loses the second and wins the last or loses the first game and wins the last two games or probability that she wins all three games
=1/2*1/2*1/2+1/2*1/2*3/4+1/2*3/4*1/2+1/2*1/2*1/2
=25/48
Probability of winning the tournament if she loses the first game
=1/2*3/4*1/2= 3/16
Note: whenever there is "or" in probability, you add
Answer:
D
Step-by-step explanation:
Answer:
is it for a test or something
Step-by-step explanation:
