Examlex
Single-parent households make up almost 12% of the households in the U.S.
Velocity of Circulation
A measure of the rate at which money is exchanged in an economy, typically calculated as the ratio of nominal GDP to the money supply.
Supply-side Economics
Supply-side Economics is a macroeconomic theory that argues economic growth can be most effectively fostered by lowering taxes and decreasing regulation to increase production.
Milton Friedman
An American economist and Nobel laureate renowned for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.
Rational Expectationists
Economists who believe that individuals make decisions based on their rational outlook, available information, and past experiences.
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