Examlex
In a database,a complete set of attributes for a single occurrence of an entity class is called a
Aggregate Supply Curve
The relationship between the total quantity of goods and services that firms are willing to produce and sell at different price levels in an economy.
Laissez-Faire Capitalism
An economic system where private parties are free to engage in economic activities with minimal government intervention.
Classical System
The classical system in economics refers to a school of thought that emphasizes free markets, competition, and the self-regulating nature of economies.
Self-Regulating Markets
A concept where markets operate and correct themselves through the forces of supply and demand without external intervention.
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