Examlex
What are the macroeconomic consequences of a budget deficit when the economy is operating at full employment? Be sure to discuss the effects in the short-run and in the long-run.
Income
The financial gain received by an individual or household, often derived from work, investments, or other sources, and used for consumption and savings.
Bonus Mark
Additional points awarded to students beyond their regular assignment or test scores, usually as a reward for extra efforts or to acknowledge participation.
Independent Variable
In research, the variable that is manipulated or changed to observe its effect on a dependent variable.
Dependent Variable
In an experiment or study, the variable that is being tested and measured, often to see the impact of variations in the independent variable.
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