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In the open-economy macroeconomic model, net capital outflow links the markets for loanable funds and foreign-currency exchange.
Alumni Association
An organization of graduates or former students (alumni) aimed at fostering connections and support between members and their alma mater.
Hypothesis Test
A method of statistical inference used to decide whether there is enough evidence to reject a null hypothesis about a population parameter based on sample data.
P-Value
The probability of observing results at least as extreme as those in the data, assuming the null hypothesis is true, used as a method to test hypotheses.
Large-Sample Z
A statistical test used for hypothesis testing or constructing confidence intervals when the sample size is large, typically using the Z-distribution.
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