Examlex
Which of the fifteen American values presented in this chapter seems to be the most important or central value around which the others relate? Explain why you think so.
School of Thought
A particular philosophy or a specific way of thinking that is characteristic of a certain group or period.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Velocity of Money
The rate at which money circulates in the economy, typically measured as the ratio of GDP to the national money supply.
United States
A country located in North America, comprising 50 states, a federal district, five major self-governing territories, and various possessions.
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