Examlex
Smaller computers and devices cannot use optical storage discs.
Expectations
Beliefs or forecasts about future events that affect economic decisions, such as consumption, savings, and investment.
Adverse Supply Shock
An unexpected event that suddenly decreases the supply of a good or service, potentially leading to higher prices and lower output.
Short-Run Phillips
A concept describing the inverse relationship between unemployment and inflation within a short-term period.
Left
Politically, refers to ideologies and movements that typically advocate for social equality, government intervention in the economy to redistribute wealth, and the protection of social welfare programs.
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