Examlex
Find the position vector of a particle that has the given acceleration and the given initial velocity and position.
Aggregate Demand And Supply Model
An economic model that explains price levels and the production of goods and services through the relationship between aggregate demand and supply.
Short-Run Phillips Curve
Describes the inverse relationship between the rate of inflation and the unemployment rate over a short period.
Rational Expectations
The theory that people optimally use all the information they have, including information about government policies, when forecasting the future.
Sacrifice Ratio
A measure of the economic cost associated with reducing inflation, often calculated as the percentage loss in output per percentage point decrease in inflation.
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