Examlex
Which of the following is NOT a raw material?
Inverse Relationship
A situation where two variables move in opposite directions, meaning when one variable increases, the other decreases.
Active Macroeconomic Policy
Economic strategies implemented by the government or central bank to stabilize the economy by adjusting spending, taxes, and interest rates.
Expansionary Gap
A situation where the actual output in an economy is greater than the potential output due to high demand.
Nominal Wages
The amount of money an employee is paid before adjustments for inflation, reflecting the current value of money.
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