Examlex
Which of the following processes generates the greatest amount of energy?
Stagflation
A period of falling output and rising prices.
Hyperinflation
An extremely high and typically accelerating rate of inflation, often exceeding 50% per month.
Long-run Equilibrium
A state in an economy or market where all factors of production are fully utilized, and all prices and quantities have adjusted so that aggregate supply equals aggregate demand.
Inflation Expectations
Consumers' and investors' predictions about future inflation rates, which can influence economic decisions and actual inflation through their impact on wages, prices, and interest rates.
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