Examlex
What is ethical absolutism? Do you think it is plausible? Explain.
Government Policies
A course or principle of action adopted or proposed by a government, political party, or ruling authority.
Stagflation
A situation in which the inflation rate is high, economic growth rate slows, and unemployment remains steadily high.
Price Level
A measure of the average prices of goods and services in an economy at a given time, often used to evaluate inflation or deflation.
Aggregate Output
The total quantity of goods and services produced in an economy at a given overall price level in a given period.
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