Examlex
Which type of power involves using incentives to induce people to do things?
Oil Embargoes
A policy tool that involves restricting the sale of oil to certain countries as a measure of control or punishment.
Aggregate Demand
All-encompassing demand for goods and services in an economy, analyzed at one price level throughout an allotted time frame.
Aggregate Supply
The entirety of goods and services that economic entities intend to market within a particular period in an economic environment.
Expected Price Level
The anticipated average of prices for all goods and services in an economy over a future period.
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