Examlex
Each partner in a modular organization contributes only to its area of core competencies.
Business Cycle
The natural rise and fall of economic activity over time, characterized by periods of expansion, peak, contraction, and trough.
Cost-Push Inflation
Inflation caused by an increase in prices of inputs like labor and raw materials, leading to higher costs for products and services.
Demand-Pull Inflation
Inflation that occurs when demand for goods and services exceeds existing supplies, leading to higher prices.
Unemployment Benefits
Payments made by the government to unemployed individuals who meet certain eligibility requirements.
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