Examlex
For a basic nonequivalent groups design analysis,the model needs ____ terms.
Equilibrium GDP
The level of output where the total quantity of goods and services produced equals the total quantity of goods and services demanded.
Full Employment
Full Employment is a condition where all available labor resources are being used in the most economically efficient way, with minimal unemployment.
Savings Exceeds Investment
Describes a situation in which the amount of income saved by individuals or entities surpasses the amount being invested, which can indicate caution or a lack of attractive investment opportunities.
Keynes
John Maynard Keynes was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on fiscal policies of governments.
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