Examlex
Define direct foreign investment. Name one of the top five countries with the largest direct foreign investment in the United States.
Short-run Phillips Curve
A curve that illustrates an inverse relationship between the rate of inflation and the rate of unemployment for a given period, assuming other factors remain constant.
Inflation Expectations
The expected pace of future price increases, impacting how individuals choose to save and spend money.
Output
The quantity of goods or services produced in a given time period by a firm, industry, or country.
Inflation Rate
The percentage rate of change in price levels over time, often calculated as the annual rate of increase in the Consumer Price Index (CPI).
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