Examlex
The Fourth Amendment does not require the police to obtain judicial authorization before using this device,but federal law requires it and sets the procedure for obtaining it.
Production Possibilities Frontier
A curve depicting the maximum feasible amounts of two different goods that can be produced with available resources and technology.
Aggregate Supply Curve
A graphical representation showing the total supply of goods and services that firms in an economy are willing and able to produce at different price levels.
Maximum Output Level
The highest quantity of goods or services an economy or enterprise can produce using its current resources and technology.
Cyclical Unemployment
When people are out of work because the economy is operating below the full-employment level. It rises sharply during recessions.
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