Examlex
Which of the following sought to give her students direct experience with prejudice by dividing her class according to eye color and, at first, giving the blue-eyed children more privileges, power, and prestige than the brown-eyed children?
Saving
The portion of income not spent on current consumption but reserved for future use.
Flexible Prices
A characteristic of markets where prices can change easily and rapidly in response to shifts in supply and demand.
Aggregate Supply Curve
A graphical representation depicting the total supply of goods and services that firms in an economy are willing to produce at various price levels.
Average Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy.
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