Examlex
How do "thrifty genes" serve people in famine-prone areas once conditions improve?
Investment
The process of distributing funds with the aim of earning an income or profit.
Classical Economics
Classical economics is a school of thought in economics that emphasizes the importance of free markets, the role of competition, and the idea that economies are self-regulating systems governed by natural laws of production and exchange.
Real GDP
Gross Domestic Product adjusted for inflation, providing a more accurate reflection of an economy's size and how it's growing over time.
Equilibrium
A scenario where market demand equals supply, resulting in the stabilization of prices.
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