Examlex
What is responsible for causing weather on Earth?
Inflation
The tempo of growth in global prices for products and services, diluting consumer spending ability.
World Price of Oil
The universally recognized current price at which a barrel of oil can be bought or sold for immediate delivery across global markets.
Aggregate-supply Curve
A curve showing the total quantity of goods and services that producers in an economy are willing to supply at various price levels.
Phillips Curve
A concept in economics that demonstrates an inverse relationship between the rate of unemployment and the rate of inflation.
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