Examlex
The clearing test is used to monitor
Deflation
A decrease in the general price level of goods and services, often indicating an economy in contraction.
Aggregate
A total or sum, often used in economics to describe combined quantities like total output or income.
Frictional Unemployment
represents short-term unemployment that occurs when workers are between jobs or entering the labor force for the first time.
Labor Force
The total number of people employed or actively seeking employment in a country or region.
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