Examlex
The inclusion of an explicit value in a formula is known as ________.
Keynes-Hayek
Refers to the economic theories and public debate between John Maynard Keynes and Friedrich Hayek, two prominent economists with differing views on government intervention in the economy.
Government Intervention
The act by which a government takes actions to affect or influence the economy, markets, or individual activities, often to correct market failures or achieve a more equitable distribution of resources.
Free Markets
Economic markets that are largely free from government intervention, where prices are determined by supply and demand.
Man Of System
Refers to an individual who believes in strictly applying their own theoretical systems to society, without accommodating for the variability of human nature.
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