Examlex
Define authority.Provide an example.
Empirical Economics
The branch of economics that analyzes data to develop verifiable theories or evaluate economic policies.
Economic History
The study of economies or economic phenomena in the past.
Aggregate Price Level
A measure of the overall level of prices of goods and services in an economy over a specified period, often used as an indicator of inflation.
Macroeconomics
The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate phenomena such as GDP, unemployment rates, and inflation.
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