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Unemployment insurance and welfare programs work as automatic stabilizers.
Standard Error
A statistical measure that represents the accuracy with which a sample distribution represents a population by quantifying the variability of the mean.
Standard Deviation
A statistic that measures the dispersion or variability of a dataset relative to its mean, indicating how spread out the data points are.
Mean Purchase
The average amount of purchases made over a certain period of time or across individuals.
Probability
The expression of an event's likelihood as a number from 0 to 1.
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