Examlex
Why do you think falsifiability is a vital characteristic of a good theory? What else constitutes a good theory?
Entropy Effect
In thermodynamics, it refers to the measure of disorder or randomness in a system; metaphorically used in various fields to describe chaos or decline.
Classical Economists
Economists from the 18th and 19th centuries who believed in free markets, limited government intervention, and self-regulating economies.
Market Forces
The economic factors affecting the price, demand, and availability of goods and services in a market economy, primarily supply and demand.
Full Employment
A situation in which all available labor resources are being used in the most economically efficient way, typically characterized by the absence of cyclical unemployment.
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