Examlex
The surfaces of the inner planets of our solar system seem to be composed of
Keynesian
Relating to the economic theories of John Maynard Keynes, focusing on how aggregate demand influences economic output and inflation.
Classical Economic Systems
An economic framework based on free markets, limited government intervention, and the belief in the efficiency of market outcomes as guided by invisible hand principles.
Economy
A system of production, distribution, and consumption of goods and services within a particular geographical area.
Full Employment GDP
The output level produced in an economy when labor resources are fully employed, but not over-employed.
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