Examlex
Explain the process for amending the Constitution, and use specific examples to discuss the types of amendments that have actually been ratified.
Economics
The academic discipline that explores how people, government entities, companies, and countries decide to distribute limited resources to meet their endless desires.
Systematic Mistakes
Errors that individuals consistently make due to predictable psychological biases, often studied in behavioral economics.
Decision Making
The process of selecting among various alternatives or options, typically aiming to achieve the most favorable outcome.
Lack of Confidence
A state where consumers or investors are hesitant to spend or invest due to pessimism about economic conditions.
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