Examlex
Official written guidelines for behaviour in situations susceptible to the creation of ethical dilemmas are referred to as the organisation's formal:
Keynesian Region
An economic concept from Keynesian theory suggesting ranges of output levels where total spending is sensitive to changes in the level of income, affecting unemployment levels.
Classical Theory
An economic theory emphasizing free markets, competition, and the idea that supply and demand will naturally regulate the economy.
Flexible Interest Rates
Interest rates that can change over the duration of a loan or savings account, responding to market conditions.
Aggregate Saving
The total amount of saving in the economy, consisting of both private savings by individuals and public savings by the government.
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