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Increases in Investment Exceed Increases in Output Because of the Multiplier

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Increases in investment exceed increases in output because of the multiplier effect.


Definitions:

Equal-variances Test

A statistical test used to check if two populations have equal variances.

Student T-distributed

The Student's t-distribution is a probability distribution that is symmetric and bell-shaped, used especially in small sample sizes for estimating population parameters.

Degrees Of Freedom

The quantity of distinct values or parameters that can be allocated to a statistical test or distribution while adhering to all restrictions.

Normal Populations

Populations that follow a normal distribution, characterized by a symmetric bell-shaped curve.

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