Examlex
Compare and contrast ecological/evolutionary approaches in archaeology to "Historical Materialist" approaches.
Price Level Expectations
Price level expectations refer to the anticipations of consumers, firms, and other economic actors regarding the future general price level in the economy, influencing their economic decisions.
Short-Run Aggregate-Supply Curve
A visual depiction that illustrates the link between the overall output of goods and services and the price level for production in the short-term.
Short-Run Economic Fluctuations
Variations in the pace of economic activity, typically characterized by changes in GDP, unemployment, and other indicators, happening over a short period.
John Maynard Keynes
A British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments, known for advocating increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression.
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