Examlex
Police have the authority to impose themselves on conflicts as third-party agents of social control.
World Price of Oil
The universally recognized current price at which a barrel of oil can be bought or sold for immediate delivery across global markets.
Aggregate-supply Curve
A curve showing the total quantity of goods and services that producers in an economy are willing to supply at various price levels.
Phillips Curve
A concept in economics that demonstrates an inverse relationship between the rate of unemployment and the rate of inflation.
Shift
In economics, a change in the position of a demand or supply curve which reflects a change in conditions other than price.
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