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A most crucial concern in selecting additional dependent variables to compare to an outcome variable of interest is to be sure that these additional variables will
Classical Economists
Economists from the 18th and 19th centuries who focused on developing theories about the functioning of markets and economies.
Recessions
Times of short-term economic downturn characterized by a decrease in commerce and industrial operations, usually recognized by a decrease in Gross Domestic Product (GDP) for two consecutive quarters.
Depressions
Extended periods of significant decline in economic activity across an economy, characterized by high unemployment, low consumer spending, and reduced industrial output.
Self Regulating
A system or market that is able to adjust and correct itself without external intervention.
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