Examlex
Oligodendrocytes and Schwann cells have the same function but in different parts of the nervous system.
Expansionary Gap
A situation in macroeconomics where the real GDP is higher than the potential GDP, leading to inflationary pressures.
Resource Prices
The costs associated with acquiring the inputs needed for production, such as raw materials, labor, and capital.
Short Run
A period in economics during which at least one input, for example, capital or labor, is considered fixed in quantity, while other inputs can be varied to adjust production levels.
Price Level
The mean of current costs for a wide range of goods and services within the economy, indicative of either inflation or deflation.
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