Examlex
According to the text,we _______________ the competence of those high in status and _______________ those who agreeably accept a lower status.
Aggregate Demand
The total demand for all goods and services within a particular market or economy, including consumption, investment, government spending, and net exports.
Inflation
The velocity at which the total cost of products and services surges, reducing purchasing capacity.
Unemployment
The situation of being without a job, while actively looking for one and willing to work.
Short-Run Phillips
A concept that shows an inverse relationship between the rate of unemployment and the rate of inflation in an economy over a short period of time.
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