Examlex
A holder may find it easier to prove her status as a holder in due course against a maker or drawer than to return the instrument to a transferor on the ground of breach of warranty.
Aggregate Demand
The total demand for all goods and services within a particular market or economy.
Aggregate Supply
The total supply of goods and services that firms in a national economy plan on selling during a specific time period.
Equilibrium GDP
The level of Gross Domestic Product at which total production equals total spending, indicating a state of economic balance without tendency to change.
Full-employment Level
signifies an economic condition where all who are able and willing to work at current wage rates have employment opportunities.
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