Examlex
American foreign policy is heavily influenced by interest groups based on ethnicity or national origin.
Long-Run Path
The trajectory of economic performance or output when all inputs, including capital and labor, are adjusted to their most efficient state over time.
Small Crop
A small crop refers to a lesser yield of agricultural produce than usual, often due to factors like weather conditions, pest infestations, or reduced acreage.
Drought
A prolonged period of abnormally low rainfall, leading to a shortage of water.
Price Inelastic
A condition where the quantity demanded of a good or service is relatively unaffected by changes in its price.
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