Examlex
A query is a request to the database for the data that satisfies the specified criteria.
Classical Economists
Economists from the 18th and 19th centuries who focused on free markets, supply and demand, and self-regulating economy theories.
Laissez-Faire Economics
A belief system advocating for capitalism with minimal to no government interference in the market.
Potential Level
The highest level of economic output that an economy can sustain over a long period without increasing inflation.
Real GDP
Gross Domestic Product adjusted for inflation, showing the value of all goods and services produced over a specific time period in real, inflation-adjusted terms.
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