Examlex
In a parallel circuit, branches that are in parallel have different voltage drops across them.
Short-run
A period in economics where at least one input is fixed and cannot be changed.
Oil Embargoes
Economic measures imposing restrictions on the export of oil from one country to another, often used as a geopolitical tool or sanction.
Phillips Curve
A concept in economics illustrating the inverse relationship between the rate of unemployment and the rate of inflation in an economy over time.
Unemployment
The condition of being without work while actively searching for employment, often expressed as a percentage of the labor force.
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