Examlex
Which theory focuses on how the parts of a society work together in ensuring the survival of the whole?
Dot.com Bubble
A period of excessive speculation and investment in Internet-based companies during the late 1990s, leading to a market crash in 2000-2001.
Budget Deficits
Occurs when government expenditures exceed revenues, leading to a shortfall that must be financed through borrowing.
Full Employment
A situation where all available labor resources are being used in the most efficient way possible, typically characterized by very low unemployment rates.
Impact Lag
The delay between the implementation of a policy (such as monetary or fiscal policy) and the observable effects of this policy on the economy.
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