Examlex
The metallurgical method for obtaining a metal from its ore by roasting the ore and then reducing the resulting metal oxide is called ________.
Unemployment
The situation where individuals who are capable of working and are actively seeking work remain jobless.
Inflation
Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.
Ceteris Paribus
A Latin term used in economics to describe the analysis of a condition under the assumption that all other variables remain unchanged.
Scarcity
The basic economic issue arises from unlimited human desires facing limited resources on the planet.
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