Examlex
The number of political appointees at the top of the federal bureaucracy is ______.
Given Up
The cost of forgoing the next best alternative when making a decision, also known as opportunity cost.
Looking For Work
The activity engaged in by individuals who are seeking employment, often considered a measure of labor market activity.
Business Cycle
The fluctuations in economic activity that an economy experiences over a period of time, consisting of expansions, or periods of growth, and contractions, or periods of decline.
Business Cycle Peaks
The points in time at which an economy transitions from an expansion to a recession, marking the highest point of economic activity before downturn.
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