Examlex
What device is added to an inside micrometer when measuring a cylinder with a diameter larger than one inch?
Foreign Purchases Effect
The impact on domestic currency and the balance of trade when residents of a country purchase foreign-made goods and services.
American Exports
Goods and services produced in the United States and sold to other countries, contributing to the country’s GDP and trade balance.
Macroeconomic Equilibrium
A state in which aggregate supply equals aggregate demand, leading to an equilibrium level of prices and output in the economy.
Average Price Level
An index that summarizes the overall movement in prices for goods and services in an economy over a period of time.
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