Examlex
Application-filtering firewalls are less expensive than packet-filtering firewalls.
Full Employment
Refers to the condition in the labor market where virtually all who are willing and able to work at prevailing wage rates are employed.
Capital Goods
Goods that are used in producing other goods and services, rather than being bought by consumers. This includes machinery, buildings, and equipment.
Consumer Goods
Items produced for personal use by households.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors.
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