Examlex
When teaching a patient about home testing for occult blood,the nurse instructs the patient that:
U.S. Net Exports
The difference between the value of goods and services the United States exports to other countries and the value of goods and services it imports from other countries.
Aggregate Demand And Supply Model
An economic model that explains price levels and the production of goods and services through the relationship between aggregate demand and supply.
Short-Run Phillips Curve
Describes the inverse relationship between the rate of inflation and the unemployment rate over a short period.
Rational Expectations
The theory that people optimally use all the information they have, including information about government policies, when forecasting the future.
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