Examlex
What is accomplished by the enterogastric reflex?
Expansionary Gap
A situation where the actual output of an economy exceeds its potential output at full employment, often leading to inflation.
Inflationary Pressure
The upward pressure on prices that may arise from factors such as increased demand or rising costs, leading to inflation.
Seasonal Unemployment
Unemployment resulting from seasonal variations in demand or supply of labor, often seen in industries like agriculture or tourism.
Potential Level
An economic term referring to the highest level of output an economy can sustain over a long period without increasing inflation.
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