Examlex
The rules used to specify how words are combined to form sentences are referred to as
National Output
The total value of all goods and services produced within a country's borders in a given time period.
Stagflation
A period of slow economic growth combined with high unemployment and rising prices (inflation).
Minor Recessions
Brief periods of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.
Full Employment
Full employment is a situation in an economy where all available labor resources are being used in the most efficient way possible, typically when the unemployment rate is low.
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