Examlex
The measure of central tendency that is affected the most by extreme scores in a set of data is the median.
Monetary Policy
Actions by a central bank or other regulatory authority to influence a nation's money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.
Fiscal Policy
Government policies related to taxation and public spending with the aim of influencing economic conditions, including growth, inflation, and unemployment rates.
Legislation
Laws and statutes that are enacted by a legislative body through its legislative process.
Marginal Propensity
The portion of additional income that an individual spends on consuming goods and services, as opposed to saving.
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