Examlex
An informal criminal justice system can suffer when individual judgment is tainted by personal bias and plain ill will.
Stimulate Economy
Initiatives or policies undertaken to encourage economic growth or enhance economic performance.
Rational Approach
A decision-making process based on logical, systematic analysis of data and information to optimize outcomes.
Aggregate Demand
This is the total demand for all goods and services within an economy at a given overall price level and in a given time period.
Potential Output
The highest level of real GDP that an economy can achieve when using its resources fully and efficiently, without causing inflation.
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