Examlex
Match the key immunization terms to their meanings.
-A majority of the population is vaccinated,and the spread of certain diseases is stopped
Price Level
The average of the current prices of goods and services in the economy, often compared over time to assess inflation.
Equilibrium GDP
The level of real GDP at which aggregate supply equals aggregate demand, resulting in a stable economy without tendencies to change.
Recession
A fleeting period of economic diminution, involving a dip in trade and industry work, usually defined by a decrease in GDP over two following quarters.
Foreign Purchases Effect
The impact on a country’s balance of trade when its currency appreciates or depreciates, influencing the price of imports and exports.
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