Examlex
The natural rate of unemployment is not zero.It is at least 5 percent,allowing for individuals who are frictionally and structurally unemployed.
Behavioral Economics
Behavioral economics studies the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.
Neoclassical Economics
A mainstream approach to economics that focuses on the determination of goods, outputs, and income distributions in markets through supply and demand.
Behavioral Economics
A field of economics that analyzes the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions.
Impulse Buying
A spontaneous, unplanned decision to buy a product or service, typically made right before a purchase.
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