Examlex
As long as the level of output ________ the natural rate level, the price level will continue to ________, shifting the LM curve to the ________, until finally output is back at the natural rate level.
Opposite Direction
A term indicating a movement, action, or trend that goes in the reverse direction of a previously established pattern or expectation.
Correlation
A measure that represents the extent to which two variables change together, but it does not necessarily imply causation.
Validity
The extent to which a test, measure, or research accurately reflects or assesses the specific concept it is intended to.
Reliability
The degree to which an assessment tool or measurement can produce stable and consistent results over time.
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