Examlex
A print showing how all the parts of a product fit together is called an assembly.
Labor Productivity
A measure of economic performance that calculates the output produced per hour of labor.
Supply Shock
An unexpected event that suddenly changes the supply of a product or commodity, leading to swift price changes and potentially impacting an economy.
Short-Run Aggregate Supply Curve
A curve showing the relationship between the total supply of goods and services and the price level for output in the short run.
Energy Prices
The cost of consumable energy sources, such as oil, natural gas, coal, and electricity, which can fluctuate based on market demand, supply conditions, geopolitical events, and other factors.
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