Examlex
One implication of the median voter model is that a candidate is likely to label himself __________ and his or her opponent as __________.
Inflation
Inflation denotes the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Capacity Utilization
A measure of how effectively an entity uses its production capacity to produce goods, expressed as a percentage of total potential output.
Cyclical Industry
An industry highly sensitive to the economic cycle, experiencing rapid growth in booming economies and significant declines during recessions.
Automobile Industry
The automobile industry encompasses the wide range of companies and activities involved in the design, manufacturing, marketing, and selling of motor vehicles.
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