Examlex
Reduce all fractions to their simplest forms. Convert all improper fractions to mixed numbers. Provide answers in the following format:
Fraction: 3/4
Mixed number: 1 5/8
-How many 6 1/2" long pieces can be cut from a 36" long piece of angle iron?
Monetary Policy
Monetary policy involves the management of a nation's money supply and interest rates by the central bank to control inflation, unemployment, and the exchange rate.
Budget Deficits
A situation in which a government's expenditures exceed its revenues, resulting in the need to borrow money to cover the difference.
Interest Rates
The percentage charged on borrowed money or paid on savings accounts, essentially the cost of borrowing or the reward for saving.
Say's Law
A principle that supply creates its own demand in the market.
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