Examlex
Overtime is the most common method for increasing output capacity.
Unemployment
The situation where individuals who are able and willing to work do not find jobs, expressed as a percentage of the labor force.
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the real quantity of goods and services produced.
Military Spending
Financial allocation by a government for the maintenance and operation of armed forces, including expenses related to salaries, equipment, training, and facilities.
Automatic Stabilizer
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action, such as progressive tax rates and unemployment benefits.
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