Examlex
________ are printouts that show the slide image on the top of the page and the notes that have been created on the bottom of the page.
Classical Economists
A group of economists in the late 18th and early 19th centuries who believed in the idea of self-regulating markets, emphasizing free competition and minimal government intervention.
Full Employment
A state in an economy where all existing labor forces are deployed in the utmost efficient manner.
Equilibrium
A state in economics where supply equals demand, leading to a stable situation where there is no inherent tendency for change.
Fiscal Policy
The use of government spending and taxation to influence the economy, including its growth rate, inflation, and unemployment levels.
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