Examlex
The computers that decide how best to forward each packet from one network to another are called _____.
Self-correction
The adjustment process by which economic variables return to their long-run equilibrium without government intervention, often seen in business cycle contexts.
Nominal Wages
The amount of money paid to workers before adjustments for inflation, representing the face value of compensation received.
Real Wages
Wages adjusted for inflation, representing the purchasing power of income earned from work.
Recessionary Gap
A scenario in which the actual GDP of an economy falls short of its potential GDP, showing that resources are not being fully utilized.
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