Examlex
What is the name given to the psychological desire to eat?
Natural Rate
The level of any economic factor, such as unemployment or interest rates, that is unaffected by short-term fluctuations and is determined by long-term factors.
Aggregate-Supply Curve
A curve that shows the quantity of goods and services that firms choose to produce and sell at each price level
Trade-Off
An exchange where getting something of value requires giving up something else of value, typically used in the context of making decisions with limited resources.
Short Run
A period during which at least one of a firm's inputs is fixed and cannot be changed.
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