Examlex
The business cycle reflects both short-run fluctuations in output and long-run economic growth.
Money Supply
The complete amount of currency resources available within an economy, covering cash, coins, and the totals in checking and savings accounts, at a particular time.
Potential Growth
The estimated rate at which an economy could grow considering the full utilization of its resources without causing inflationary pressures.
Rational Expectations Theory
The hypothesis that individuals make predictions about future economic activities based on past and current information and act rationally on those expectations.
Anticipation
The act of expecting or foreseeing something, often involving preparatory action or adjustments based on predictions about future events or trends.
Q8: The concept of net domestic investment refers
Q16: If many people in a community get
Q75: If intermediate goods and services were included
Q107: Sources of increasing returns that help raise
Q141: If there are no statistical discrepancies, NDP
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Q225: GDP tends to<br>A) overstate economic welfare because
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Q265: If real GDP grows at an average