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Briefly explain how the HPA axis system works.
Flow Variable
A quantity measured over a specified period of time, indicating the rate of change in a variable.
Stock Variable
A quantity measured at a specific point in time, representing a snapshot of a certain value, such as the amount of money in a savings account.
Stagflation
A situation in an economy where there is a combination of stagnant economic growth, high unemployment, and high inflation.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period.
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