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In the Simple Keynesian Model,an Increase in Aggregate Demand Leads

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In the simple Keynesian model,an increase in aggregate demand leads to an increase in


Definitions:

Type II Error

The error that occurs when a false null hypothesis is not rejected, also known as a "false negative."

Reducing

The process of decreasing or minimizing a quantity, dimension, or frequency.

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive."

Type II Error

The error that occurs when a statistical test fails to reject a false null hypothesis (a "false negative").

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