Examlex
People sharing their medical information online so as to help in the development of pharmaceuticals and medical devices that can be used to improve medical treatment is an example of ______.
Self-correction
The process by which market mechanisms adjust to eliminate economic imbalances, leading to the restoration of equilibrium without external intervention.
Real Wages
Wages adjusted for inflation, reflecting the true purchasing power of income earned from labor.
Expansionary Gap
An economic situation characterized by output exceeding the economy's long-term sustainable levels, often leading to inflationary pressure due to high demand.
Real Wages
Wages or salary of workers adjusted for inflation, reflecting the actual purchasing power of the income.
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