Examlex
What is the function of the power supply?
Money-Income Determination
The process of how individual and household incomes are determined, influenced by factors such as employment, wages, and economic policies.
Demand
Demand is the quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.
Resource
An economic or productive factor required to accomplish an activity, or to provide a benefit to the economy, such as raw materials, labor, and capital.
High Demand
A situation in which the desire for a product or service exceeds the available supply, often leading to higher prices.
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