Examlex
In a suit for fraud, a plaintiff is presumed to have had the right to rely on any information provided by defendant.
Aggregate Demand
The full quantum of desire for goods and services within an economic realm, set against a particular overarching price level for a fixed duration.
Depression
A severe and prolonged downturn in economic activity, characterized by high unemployment, sharp declines in GDP, and faltering business confidence.
Investment
The process of distributing funds or assets in anticipation of earning returns or profits.
Classicals
Economic theorists and policy makers from the 18th and 19th centuries who focused on free markets, competition, and the ideas of self-regulating economies.
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