Examlex
What occurs after an individual goes without sleep for one or two nights?
Paradox Of Thrift
The economic theory that personal savings can be detrimental to overall economic growth if too high, as they may reduce overall demand.
Great Recession
A severe global economic recession that occurred from late 2007 through mid-2009, characterized by widespread financial crisis, high unemployment, and significant drops in the economic activity.
High Inflation
A situation where prices for goods and services rise rapidly over a period, eroding purchasing power and potentially destabilizing the economy.
Crowding-Out Effect
Large federal budget deficits are financed by Treasury borrowing, which then crowds private borrowers out of financial markets and drives up interest rates.
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