Examlex
When the dollar depreciates, the prices of imported inputs rise and the U.S.aggregate supply curve, therefore, shifts inward, pushing up the prices of American-made goods and services.
Productivity
The efficiency of production of goods or services expressed as the ratio of output to inputs used, a key determinant of economic performance.
Directly Proportional
A relationship between two variables where an increase in one results in a proportional increase in the other.
Inverse Ratio
A mathematical relationship between two variables where one variable increases as the other decreases, often represented as the reciprocal of a ratio.
Primary Labor Market
Primary Labor Market refers to sectors that offer high pay, benefits, and job security, contrasted with the secondary labor market.
Q46: The balance of payments deficit is the
Q86: If currency depreciates,<br>A) net exports rise and
Q89: At one time, policymakers interpreted the Phillips
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Q104: The International Monetary Fund was established to
Q121: The United States has relatively low tariffs.
Q156: A sizable appreciation of the U.S. dollar
Q158: When the dollar buys more foreign currency,
Q176: The following table shows the units of
Q197: The U.S. Secretary of the Treasury met