Examlex
People with moderate power are less likely to use controlling communication.
Sticky-Price Theory
The economic theory that prices of goods do not adjust immediately to changing economic conditions, leading to periods of economic inefficiency.
Menu Costs
The costs of changing prices.
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy, serving as an indicator of inflation or deflation.
Aggregate Quantity
The total amount or sum of goods and services produced or supplied in an economy at a given overall price level during a specific time period.
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