Examlex
The ego is the referee in the fight between temptation and virtue.
Short-Run Phillips
A concept that shows an inverse relationship between the rate of unemployment and the rate of inflation in an economy over a short period of time.
Inflation Rate
The percentage increase in the price level of goods and services in an economy over a period of time.
Unemployment Rate
The percentage of the labor force that is unemployed.
Money Supply
The aggregate of cash, coins, and deposits in checking and savings accounts, representing the financial assets available within an economy at a certain point in time.
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