Real GDP
An entry defining and outlining the concept of real GDP in economic terms
Regression
A method of numerical data analysis summarizing relationships among variables in a data set.
Real Money Supply
An understanding of the concept 'real money supply' in economic context.
Risk Pooling
Combining two or more risky projects with uncorrelated returns to reduce overall risk dispersion. Crucial in insurance and investment portfolios.
Ricardian Equivalence
The argument that changes in government policy are offset by changes in individual behavior, maintaining economic equilibrium.
Range - Definition and Meaning
An examination of 'range' as an economic term including its background, historical context, and major frameworks.
Real Terms
A comprehensive overview of the concept of 'real terms' in economic analysis, focusing on how it helps to remove or minimize the effects of nominal changes like price variations.
Rust Belt
The area of the US from Pittsburgh to St Louis characterized by declining heavy industries, high obsolescence, and population loss.
Reservation Wage
The minimum wage a worker is willing to accept while engaging in job search activities.
Robustness of Policies
The property of economic policies that their merits are relatively insensitive to the exact specification of the underlying model of the economy
R-squared
Detailed exploration of R-squared, also known as the coefficient of determination