Examlex
The chain of command is used to verify that an item of evidence has not been alternated or contaminated in any way.
Marginal Propensity
The tendency of an individual or household to spend an extra unit of currency, reflecting the change in consumption from a change in income.
Unplanned Inventory
Excess goods that businesses unintentionally accumulate due to lower-than-expected demand, leading to potential adjustments in production or pricing strategies.
Real GDP
stands for Real Gross Domestic Product, which measures the value of all goods and services produced by an economy over a specific period, adjusted for inflation.
Aggregate Expenditure
The total amount of spending in an economy, including consumption, investment, government purchases, and net exports.
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