Examlex
List two reasons why circumcisions were performed in the past without any anesthesia.
Precautionary Demand
The demand for financial assets or goods that is motivated by the desire to protect against potential future losses.
Future Uncertainty
The inability to predict with complete confidence what is going to happen in the future, often a consideration in economic, financial, and strategic planning.
Keynesian Model
An economic theory proposing that active government intervention is necessary to manage economic cycles and stabilize output by adjusting demand through fiscal and monetary policies.
Money
An officially issued legal tender generally accepted in exchange for goods and services and repayment of debts.
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