Examlex
One major problem with using repetition as a mental process to remember things is _____, which means that other things are vying for processing capacity when rehearsing the information.
Money in Circulation
The total amount of physical currency, including coins and paper money, actively used in the economy.
Velocity
The rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period.
Aggregate Demand-Aggregate Supply Model
A macroeconomic model that explains price levels and the output levels of an economy through the relationship between aggregate demand and aggregate supply.
Long Run Equilibrium
An economic condition where all factors of production and costs are variable and the market is fully adjusted to any changes.
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