Examlex
A behaviourally anchored rating scale takes less time than a graphic rating scale for the supervisor to complete when undertaking performance appraisal.
Saving Equals Investment
A macroeconomic identity where all saved money within the economy is assumed to equal all invested money, indicating a balance in the financial system.
Aggregate Demand
The total demand for all goods and services in an economy at a given time and price level.
Classical Economists
were early economic thinkers of the 18th and 19th centuries who believed in the power of free markets to regulate themselves through the laws of supply and demand.
Great Depression
A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment, deflation, and a significant decline in economic activity.
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