Examlex
Undertime is the situation that occurs when employees do not have enough productive work for the regular-time workday or workweek.
The Road To Serfdom
A book by Friedrich Hayek warning of the danger of tyranny that inevitably results from government control of economic decision-making through central planning.
Government Growth
An increase in the size and scope of government activities, often measured in terms of spending, intervention, or regulatory actions.
Western Democracies
Countries in the Western hemisphere that operate under a democratic form of government, emphasizing individual freedom and electoral representation.
Elastic Supply
A situation where the quantity supplied of a good or service changes significantly in response to changes in price.
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