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& Real income & macroeconomic policy (E6)<br />Measures used by governments to influence major economic aggregates, especially GROSS NATIONAL PRODUCT, UNEMPLOYMENT, INFLATION and the MONEY SUPPLY. Macropolicies have been possible since 1945 through the availability of NATIONAL INCOME accounting, other increases in economic data collection and the theoretical framework provided by KEYNES, his successors and rivals. Increasingly it has been difficult to separate macro-policies from micropolicies, particularly in the labour market.<br /><em>See also:</em> Employment Act 1946; full employment
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critical value (C1)<br />The lower or upper value of a coNFIDENCE INTERVAL
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