Examlex
According to the bureaucratic model, prosecuting the majority of cases is more cost effective than guilty pleas.
Price Level
An index reflecting the overall cost of commodities and services within an economy.
Inflation Rate
An economy's rate of escalation in prices for goods and services over a given period.
Money Neutrality
An economic theory which postulates that changes in the money supply only affect nominal variables and have no influence on real variables such as output or employment in the long run.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts, often controlled by a nation's central bank.
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