Examlex
How were the rings of Uranus discovered? How have they since been imaged from Earthbetter?
Short-Run Economic Recession
A brief period of economic decline characterized by reduced industrial production, trade, and lowered levels of employment.
Long-Run Aggregate-Supply Curve
A vertical curve representing the real output of goods and services that an economy can produce when resources are fully employed, irrespective of the overall price level, over time.
Short-Run Equilibrium
A state in which market supply and demand balance each other, and as a result, prices become stable temporarily.
Money Supply
At any given time, the total economic assets available in an economy, which consist of cash, coins, and the balances in checking and savings accounts.
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