Examlex
When Judy is asked, "What's 2 + 2?" the answer just seems to pop into her head. What type of memory is this an example of?
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy, often measured by inflation indicators.
Prosperity Phase
A period of economic growth and expansion, marked by high levels of production, employment, and consumer confidence.
Business Cycle
The fluctuation in economic activity that an economy experiences over a period of time.
Disinflation
A reduction in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.
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