Examlex
Bacteria in the digestive systems of animals that help to break down the animals' food, and in return receive a sheltered habitat and food. This is an example of mutualism.
Unemployment Rate
A measure indicating the proportion of the workforce that is not employed but is actively seeking work and willing to work.
Recessionary Gap
The difference between the actual output of an economy and the output it would produce if it were at full employment, indicating underperformance.
Equilibrium GDP
The level of Gross Domestic Product (GDP) at which aggregate supply equals aggregate demand, indicating a state of economic balance.
National Debt
The total amount of money that a country's government has borrowed by various means, including foreign governments and domestic institutions.
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