Examlex
This feature forms in a cave when water,containing calcium carbonate,comes out of solution to create a formation on the ceiling.
Inflation
The increase in the general price level of goods and services, leading to a decline in purchasing ability.
Conservative Economists
Economists who advocate for minimal government intervention in the economy, emphasizing free-market principles and fiscal conservatism.
Spending Cuts
Reductions in government or organizational spending, often implemented to reduce deficits or allocate resources more efficiently.
Contractionary Fiscal Policy
To fight inflation, the federal government raises taxes and/or cuts spending.
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