Examlex
Which of the following terms means to scrape away superficial skin layers?
Macroeconomic Theory
Macroeconomic theory involves the study and analysis of economy-wide phenomena, including inflation, national income, and unemployment.
Political Philosophy
A branch of philosophy focused on discussing and analyzing various views about who should rule, the nature of just governance, and the role of citizens in a state.
Monetarist
An economist who believes that variations in the money supply are the main source of economic fluctuations.
Nominal Rate
The interest rate before adjustments for inflation, as opposed to the real interest rate which is adjusted.
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