Examlex
Consider the simplest macro model with a constant price level and demand-determined output.If national income is less than its equilibrium level,it is likely that firms' inventories are ________,and so national income tends to ________.
Randomly Selected
A process of selection in which each member of a set has an equal probability of being chosen.
Probability P
The likelihood of a specific event occurring, often denoted as a number between 0 and 1.
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.
Margin Of Error
The range within which the true value lies in statistical sampling, with a certain level of confidence.
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