Examlex
The reduction of heat loss via piloerection is a phenomenon commonly observed in
Demand
In economics, demand is the quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.
Great Recession
A severe global economic downturn that began in 2007 and lasted until about 2009, marked by significant declines in the housing market, financial failures, and a surge in unemployment rates.
Fiscal Policy
A government's strategy for managing its budget through taxation and spending to influence the economy.
Tax Cuts
Reductions in the amount of taxes imposed by the government.
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