Examlex
Currently, ethnic minorities constitute about ______of the U.S. population.
Fed's Policy
The set of monetary policy guidelines and actions taken by the Federal Reserve, the central banking system of the United States, to control the money supply and achieve macroeconomic goals.
High Inflation
A situation characterized by an excessive and accelerating increase in the prices of goods and services across the economy.
Expectations
Beliefs or forecasts about future events that affect economic decisions, such as consumption, savings, and investment.
Adverse Supply Shock
An unexpected event that suddenly decreases the supply of a good or service, potentially leading to higher prices and lower output.
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