Examlex
When load on an over-excited or under excited synchronous*motor is increased, rate of change of its armature current as compared with that of power factor is
Monetary Policy
Economic strategy chosen by a government's central bank to control the money supply, aiming at achieving macroeconomic goals such as controlling inflation, consumption, growth, and liquidity.
Adaptive Expectations
An economic theory suggesting that people adjust their future expectations based on past experiences and trends.
Government Policy
The actions taken by a government to achieve its objectives in various sectors like economy, social welfare, and public services.
Rational Expectations
An economic theory suggesting that individuals make predictions about future events using all available information, thus their expectations are on average correct.
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