Examlex
Data from a completely randomized design are shown in the following table. For a one-way ANOVA,the Total Sum of Squares (SST) is ________.
Equilibrium GDP
The level of GDP at which total supply and total demand in the economy are equal, resulting in no inherent tendency for the economy to change its level of output.
Full Employment GDP
The maximum output that an economy can produce without causing inflation, when all available resources are utilized efficiently.
Keynes
From the UK, this economist's theories ushered in a new era for macroeconomic practice and governmental economic policy-making.
The Classicals
Economists from the 18th and 19th centuries who laid the foundations of classical economics, focusing on free markets and self-regulating economies.
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