Examlex
The Phillips curve is an extension of the model of aggregate supply and aggregate demand because, in the short run, an increase in aggregate demand increases prices and decreases unemployment.
Positive
Characteristics, feelings, or behaviors that are conducive to good health, happiness, and well-being.
Negative
Characterized by the absence of positives, or containing adverse, harmful, or undesirable characteristics or outcomes.
Individualistic Culture
A culture that emphasizes personal freedom and achievement, where individuals are encouraged to pursue their own goals and self-expression.
Collectivistic Culture
Cultures that prioritize the goals, needs, and views of the group over those of the individual.
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