Examlex
A Wilcoxon rank sum test for comparing two independent samples involves two samples of sizes 6 and 10. The alternative hypothesis is that the location of population 1 is different from the location of population 2. Using a 0.05 significance level, the appropriate critical value is 32.
Long Run
In economics, a period of time during which all factors of production and costs are variable, allowing full adjustment to any change in the market.
ARRA
The American Recovery and Reinvestment Act of 2009, a stimulus package aimed at helping the United States recover from the Great Recession.
IGM Poll
A survey conducted by the Initiative on Global Markets (IGM) that gathers opinions from economists on various economic policy issues.
Crowding Out Effects
Refers to a situation where increased government spending leads to a reduction in private sector investment due to rising interest rates.
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