Examlex
If investment spending is unstable, to stabilize output the central bank should target the
New Technology
The latest advancements or innovations in technology that offer improved solutions or efficiency.
Service Sector
A segment of the economy that provides intangible goods or services to consumers, including retail, healthcare, and financial services.
Labour-intensive
Describing a process or industry that requires a large amount of manual work relative to capital or machinery.
Skilled Labour
Refers to workers who have specialized training or skills, typically acquired through education or on-the-job experience, necessary for performing specific tasks or jobs.
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