Examlex
The marketing team at Starbuck's could use location-based advertising to send coupon offers to individuals that are located within a few blocks of a Starbuck's outlet.
Unemployment
Unemployment refers to the situation where individuals who are capable of working and actively seeking work are unable to find a job.
Economy's Natural Ability
The inherent capacity of an economy to grow and adapt over time, based on resources, technology, and human capital.
Active Economic Policy
Government interventions aimed at influencing the economy through measures such as fiscal and monetary policies to achieve specific macroeconomic objectives.
Law of Diminishing Returns
An economic principle stating that adding an additional factor of production results in smaller increases in output after a certain point.
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