Examlex
The support received from which group was a major reason for the Manzhou victory over the native Chinese?
Full Employment
A situation in an economy in which all who are willing and able to work at prevailing wage rates are employed.
Production Possibility Frontier
A graphical representation showing the maximum combination of goods and services that can be produced with available resources and technology.
Resources Scarcity
The economic condition of limited natural resources available to meet the unlimited wants and needs of people.
Downward Slope
A graphical representation indicating a decrease or decline in a variable as another variable increases, often seen in demand curves.
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