Examlex
The UCC does not apply the parol evidence rule for lease contracts.
Net Exports
The value of a country's total exports minus the value of its total imports, representing a component of a nation's GDP.
Short Run
A period in which at least one input is fixed, limiting the ability of a firm to adjust all of its inputs to change output.
Unemployment
A situation where individuals who are capable of working and are actively seeking work are unable to find employment.
Inflation
A universal hike in costs and decline in the monetary value.
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