Examlex
When General MacArthur publically protested against political limits to military operations, President Truman promoted the popular general.
Institutional Barriers
Obstacles created by cultural, legal, and organizational structures that hinder the progress or implementation of policies or operations.
Wage Flexibility
The ability of wages to adjust to changes in market conditions, including the supply and demand for labor.
Price Flexibility
The ease with which prices can adjust in response to changes in supply and demand in the market.
Say's Law
A principle that asserts that supply creates its own demand, meaning production of goods will naturally lead to their consumption.
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