Examlex
Successful orientation, whether formal or informal, results in an outsider- insider transition that _________ .
Inflation
The rate at which the general level of prices for goods and services is rising, leading to a decrease in the purchasing power of money.
Milton Friedman
An American economist and Nobel laureate who was a leading proponent of monetarism and free-market capitalism.
Serious Inflation
An extreme form of inflation characterized by rapid and uncontrollable rises in prices across the economy.
Supply-Side Economists
Economists who believe that reducing taxes and decreasing regulation will lead to an increase in production and economic growth.
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