Examlex
The oldest forms of domesticated wheat are ________ and emmer.
Classical Economists
Economic theorists from the 18th and 19th centuries, including figures like Adam Smith, David Ricardo, and John Stuart Mill, who focused on the idea of free markets, self-regulating economies, and the importance of competition.
Saving
The portion of income not spent on current consumption but reserved for future use.
Flexible Prices
A characteristic of markets where prices can change easily and rapidly in response to shifts in supply and demand.
Aggregate Supply Curve
A graphical representation depicting the total supply of goods and services that firms in an economy are willing to produce at various price levels.
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