Examlex
A decrease in the amount of nitrogen to a culture of Clostridium botulinum would induce _____.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Unemployment
The state of being without a job despite actively looking for work, measured as a percentage of the labor force.
Normative Economics
Normative economics deals with the evaluation of economic outcomes through the prism of what ought to be, recommending actions by what is deemed desirable or ideal.
Macroeconomics
The branch of economics that studies overall economic dynamics, including inflation, unemployment, and economic growth, on a national or global scale.
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