Examlex
Cowbirds are so named because they followed the large herds of cows that were driven throughout the American west before large tracts of land were fenced. Cowbirds consumed the insects that invariably followed the herds. There was no obvious benefit or other effect on the herds. This is an example of ____________________.
Government Expenditures
Spending by the government on goods, services, and obligations, including salaries, infrastructure projects, and social benefits.
Price Level
Price level refers to the average of current prices across the entire spectrum of goods and services produced in the economy, a measure of inflation or deflation.
Inflation Rate
The percentage increase in the general price level of goods and services in an economy over a period of time, typically a year.
Consumer Confidence
Consumer confidence is a measure of how optimistic or pessimistic consumers are about their expected financial situation and the overall state of the economy.
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