Examlex
When using the Internet as an external recruiting source what are some potential problems that may occur. What can an organization due to prevent these problems?
Potential Output
The highest level of economic output that can be sustained over the long term without increasing inflation.
MPC
Marginal Propensity to Consume, which indicates the fraction of additional income that a household is likely to spend on consumption.
Contractionary Fiscal Policy
Economic measures employed by a government to reduce its expenditures or increase taxes with the aim of slowing down an overheated economy.
Potential Output
The highest level of real gross domestic product (GDP) that can be sustained over the long term without increasing inflation, reflecting the maximum productive capacity of an economy.
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