Examlex
Which of the following is the most dominant pattern of migration?
Potential Level
The highest level of economic output that an economy can sustain over a long period without increasing inflation.
Real GDP
Gross Domestic Product adjusted for inflation, showing the value of all goods and services produced over a specific time period in real, inflation-adjusted terms.
Classical Theory
A school of economic thought that emphasizes the role of free markets in regulating the economy and argues for minimal government intervention.
Employment
The condition of having paid work, or the process or business of hiring workers.
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