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When It Comes to Discussing the Limitations of the Study

question 14

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When it comes to discussing the limitations of the study, the writer should


Definitions:

Price Level

An overall average price for the full range of goods and services in the economy.

Net Exports

The value of a country's total exports minus its total imports, indicating the balance of trade between a country and its trading partners.

Aggregate Demand

The overall appetency for every good and service in an economy, evaluated at a decided overall price level during a distinct timeline.

Crowding-out Effect

The phenomenon where increased government spending leads to a reduction in private sector investment, possibly due to higher interest rates or available resources.

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