Examlex
Which of the following tests is used to determine whether an additional variable makes a significant contribution to a multiple regression model?
Disposable Income
Money available to households for personal spending and saving after deducting their income taxes.
Income-Expenditure Framework
An economic model describing the relationship between an economy's total income and the spending levels that determines its equilibrium output.
Aggregate Expenditures
The total amount of spending in an economy, including consumption, investment, government spending, and net exports.
Real Gross Domestic Product
The total value of all goods and services produced within a country's borders in a specific time period, adjusted for inflation.
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