Examlex
Explain why 'crowding out' might still occur even if the increase in government spending is funded by borrowing on global financial markets.
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Normal Population
A population in which the distribution of variables follows a normal (Gaussian) distribution, characterized by a symmetric bell-shaped curve.
Standard Error
A statistic that measures the dispersion of sample means around the population mean, indicative of the accuracy of the sample mean as a representation of the population mean.
Random Variable
A variable characterized by numerical outcomes derived from phenomena of chance.
Population Mean
The average value of a given characteristic across the entire population.
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