Examlex
Cognitive ability tests enable the hiring manager to directly measure an applicant's ability to perform the physical tasks of a job.
Federal Reserve
The central banking system of the United States, responsible for implementing the country's monetary policy.
Money Supply
The entire amount of financial assets existing in an economy at a certain time.
Inflation
A widespread inflation of prices leading to a diminished ability to purchase with money.
Short-run Phillips Curve
A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in an economy over the short term.
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