Examlex
Select the part of the sentence that contains a grammar or punctuation error. Practiced at one time or another by most cultures, tattooing serve three main purposes.
Rational Expectations
The hypothesis in economics that assumes individuals form forecasts of future events based on all available information in an unbiased and rational manner.
Potential Output
The highest level of output an economy can produce without leading to inflation, when operating at full employment.
Monetary Policy
Actions undertaken by a central bank to control the money supply and interest rates to achieve macroeconomic objectives like controlling inflation, consumption, growth, and liquidity.
Wage Increases
Adjustments to employee salaries that lead to a higher rate of pay, often in response to factors like inflation, performance, and market demands.
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