Examlex
The Aswan Dam project has resulted in all of the following except
Equilibrium
A state in a market where supply equals demand, leading to a stable situation where there is no tendency for prices to change, assuming other factors remain constant.
Scarcity
The fundamental economic problem of having limited resources to meet unlimited wants and needs.
Trade-Off
A situation that involves losing one quality, quantity, or property of a set or design in return for gaining another.
Inflation
The speed at which the overall price level for goods and services increases, thereby diminishing the buying power.
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