Examlex
Explain what economists mean by 'full employment' and why the associated rate of unemployment is not zero.
Grapes
Edible berries, typically growing in clusters on a vine, used in making wine, eaten fresh, or dried to produce raisins.
Demand Function
A mathematical function showing the quantity of a good demanded at different prices.
Price Elasticity
Price elasticity measures the responsiveness of the quantity demanded or supplied of a good to a change in its price.
Yen
The official currency of Japan, known internationally by its symbol ¥.
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