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James believed that it was impossible to be too sentimental.
Phillips Curve
An economic theory suggesting an inverse relationship between the rate of unemployment and the rate of inflation in an economy.
Inflation
A continuous rise in the overall price level of goods and services within an economy over a period.
Unemployment
The condition in which a capable worker who is actively seeking employment is unable to find work.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in bank accounts.
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