Examlex
Explain what effect an increase in future expected output will have on the IS curve and LM curve in the current period.
Null Hypothesis
A statement asserting there is no significant difference or effect, which researchers aim to test against alternative hypotheses.
Significance Tests
Statistical tests used to determine whether there is enough evidence in a sample of data to infer that a certain condition holds for the entire population.
Alternative Hypothesis
A statement that contradicts the null hypothesis and is tested to determine if the null hypothesis can be rejected.
SRS
Simple Random Sample, which is a subset of individuals chosen from a larger set where each individual has the same probability of being selected.
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