Examlex
PTH
Bounce Back
The ability to recover quickly from difficulties; resilience.
Quantity Theory
A theory in economics that asserts the general price level of goods and services is directly proportional to the amount of money in circulation.
Equation of Exchange
An economic formula representing the relationship between money supply, velocity of money, price level, and an economy's output of goods and services.
Economic Problems
Issues arising from the allocation of scarce resources among competing uses, leading to questions of what, how, and for whom to produce.
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