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In a random-groups design,an attempt is made to equate groups in terms of some important characteristics.
National Income
The total amount of money earned within a country, including wages, rent, interest, and profit, reflecting the overall economic activity.
Unemployment
Refers to the situation where individuals who are capable of working and are actively seeking employment cannot find a job.
Automatic Stabilizers
Tools in fiscal policy that adjust spending and taxes automatically to buffer against economic cycles, reducing the effects of inflation and recession.
Tax Credits
Amounts subtracted directly from the taxes owed to the government, incentivizing certain economic activities or investments.
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