Examlex
A person's level of expectancy determines whether he/she believes that a high level of effort results in a high level of performance.
Economy Growth
An increase in the production of goods and services in an economy over time.
Open Market Operations
The purchase and sale of government bonds by a central bank as a means to regulate the economy's money supply and adjust interest rates.
Inflation
The speed at which the overall price level of goods and services increases, leading to a decline in the currency's buying power.
Interest Rates
The cost of borrowing money or the reward for saving, usually presented as a percentage.
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