Examlex
How do real exchange rates differ from nominal exchange rates?
Heart Beat
The rhythmic expansion and contraction of the heart, which indicates the flow of blood through the body.
Traditional
Pertaining to customs, practices, and norms that have been passed down through generations within a specific culture or society.
Difference Principle
A principle formulated by philosopher John Rawls suggesting that societal inequalities are only justified if they benefit the least advantaged members of society.
Macroallocation Principle
A guideline for allocating large-scale resources in a way that addresses the needs of a population, often in contexts like healthcare or economics.
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