Examlex
What technique did the Sumerians use to create cylinder seals that ensured the identification of documents and established property ownership?
Real Balances Effect
The change in consumption and savings behavior resulting from an alteration in purchasing power due to inflation or deflation.
Financial Assets
Economic resources or ownership rights that are intangible and represent a claim to future payments, such as stocks, bonds, or bank deposits.
Aggregate Supply Curve
A graph showing the relationship between the total quantity of goods and services that producers are willing to supply at different price levels.
Cyclical Unemployment
Unemployment that results from business cycle fluctuations in the economy, typically increasing during recessions and decreasing during expansions.
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