Examlex
A common theme in political theory regarding the value of institutions is the act of imagining their absence.
Money Supply Growth
An increase in the total amount of money in circulation or in the economy, which can affect inflation rates, interest rates, and economic growth.
Phillips Curve
A concept in economics illustrating an inverse relationship between the rate of unemployment and the rate of inflation within an economy.
Sticky-wage Theory
The sticky-wage theory suggests that wages respond slowly to changes in the economy, which can lead to unemployment or labor market imbalances.
Aggregate Demand
The total demand for goods and services within an economy at a given overall price level and in a given time period.
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