Examlex
The total pressure of a component in a gas mixture is the product of its mole fraction and the partial mixture pressure.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money they borrow from a lender, often expressed as an annual percentage rate (APR).
Multiplier
In macroeconomics, a factor that quantifies how an initial change in spending will affect total economic output.
Crowding-out Effects
The phenomenon where increased government spending leads to a reduction in private sector spending.
Supply-siders
Supply-siders are economists or policymakers who believe that reducing tax rates and regulatory barriers to production and investment can stimulate supply, leading to economic growth.
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