Examlex
Under what conditions does the Ganong effect disappear? What does this tell us about the effects of context on word perception?
General Equilibrium
The condition that exists when all markets in an economy are in simultaneous equilibrium.
Economic System
The organized way in which a country allocates resources and distributes goods and services in its society.
Criterion
A principle or standard by which something can be judged or decided.
Efficiency
The optimal allocation of resources to produce goods and services in a way that maximizes output with the least waste or cost.
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