Examlex
Suppose that there is an increase in future expected disposable income and simultaneously an increase in the profitability of investment.As a result, the equilibrium real interest rate ________ and the equilibrium quantity of loanable funds ________.
Spoils System
A practice where political party leaders award government jobs to loyal party members as a reward for their support, regardless of their qualifications.
Political Violence
Political violence refers to violent acts committed with the aim to achieve political objectives, which can include terrorism, civil war, targeted assassinations, and other forms of violence used by both state and non-state actors.
Democracy
A form of government in which power is held by the people, who exercise power directly or through elected representatives.
Popular Sovereignty
The principle that the authority of a state and its government is created and sustained by the consent of its people, through elected representatives.
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