Examlex
One of the properties of the mean is that the sum of the deviations of each observation from the mean is zero.
Demand for Goods and Services
The consumers' desire and willingness to pay for products or services at a given price point.
Higher Level of Unemployment
A state in which there is a larger than usual number of people without jobs, indicating increased job scarcity or economic downturns.
Business Cycle
The fluctuations in economic activity characterized by periods of economic expansion and contraction over time.
Economic Activity
The actions that involve the production, distribution, and consumption of goods and services in an economy.
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