Examlex
The three main dimensions of problem-solving style are:
Consumption
The act of using goods and services to fulfill individual or collective needs and desires, driving the demand side of an economy.
Government Purchases
Government Purchases are expenditures on goods and services made by the government, which can influence the economy's aggregate demand.
Recessionary Gap
The difference between the actual output in an economy and the potential output it could achieve with full employment.
Foreign Exchange
The conversion or trading of one currency into another currency.
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