Examlex
Yaba is a family planning counselor at a Planned Parenthood clinic. She helps clients choose contraceptive methodology and make reproductive decisions. Gretchen is a new worker who just transferred in from a small satellite clinic that had to be closed because of budget cuts. Yaba has several opportunities to talk with Gretchen about the clinic's services. Gretchen makes several comments to Yaba where her facts are blatantly in error. Yaba wonders what kind of information Gretchen is giving clients. Yaba asks Gretchen to lunch so that she might informally talk to Gretchen about her concerns. During this meeting Yaba identifies some reading materials and a series of in-services Gretchen might pursue to improve her effectiveness. This is the ethical thing to do.
Deficits
The amount by which a government, company, or individual's spending exceeds its income over a particular period of time.
Surpluses
Occurs when the quantity of a good produced exceeds the quantity demanded, often leading to price reductions.
Inflationary Gap
A situation where the demand for goods exceeds supply at the current price levels, leading to an increase in prices and inflation.
Equilibrium GDP
The level of Gross Domestic Product where the aggregate supply equals aggregate demand within an economy, leading to a stable economic condition.
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