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When nominal wages decrease, the short-run aggregate supply curve shifts to the left.
Level of Significance
The threshold chosen by the researcher below which a p-value indicates that the observed result is statistically unlikely to have occurred by chance.
Expected Frequency
The predicted number of times an event will occur over a specified period in a statistical experiment.
Cramér's V
Cramér's V is a measure of association between two nominal variables, giving a value between 0 and 1 to indicate the strength of the relationship.
Cramér's V
A measure of association between two nominal variables, giving a value between 0 and 1.
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