Examlex
What is the term for a boundary surface in a sequence of rock strata indicating lack of deposition,where erosion and deformation may have occurred?
Classical Dichotomy
The theoretical separation of nominal and real variables in an economy, suggesting that changes in the money supply only affect nominal variables and not real variables like output.
Fiscal Policy
Modifications by the government in its expenditure and tax policies to impact the country's economic conditions.
Short-Run Phillips
A concept describing the inverse relationship between unemployment and inflation in the short run.
Inflation Rate
The percentage increase in the general level of prices for goods and services over a specific period, typically measured annually.
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