Examlex
The Truth in Savings Act
Individual Households
Single units comprising one or more persons within an economy that make decisions about consumption, saving, and labor supply.
Inflation
The speed at which the overall price level for products and services increases, diminishing the buying power.
Unemployment
The situation where individuals who are capable of working and willing to work do not find employment.
Opportunity Costs
The cost of the next best alternative foregone as a result of making a decision.
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