Examlex
What is an infrastructure built for notifying people in the event of an emergency?
Unemployment
A situation where individuals who are capable of working and willing to work at prevailing wage rates cannot find employment.
Inflation
Inflation is the rate at which the general level of prices for goods and services is rising, subsequently eroding purchasing power.
Friedman
Refers to Milton Friedman, a prominent economist known for his work on monetarism, advocating for free markets and a limited role of government in the economy.
Money Supply
The total volume of money available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
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