Examlex
The maximum change in the money supply due to an initial change in the excess reserves banks hold is called the:
Unionized
Refers to workers who are members of a union, which represents their interests regarding wages, working conditions, and benefits.
Post-industrialization
A phase in economic development where a society transitions from a manufacturing-based economy to one focused on services and technology.
Global Consumerism
The global trend towards increasingly consumer-oriented societies, where purchasing and consumption of goods and services are central cultural values and indicators of economic success.
Integrated Financial Markets
Financial markets that are globally interconnected, allowing capital to move freely across borders, enhancing efficiency and liquidity.
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