Examlex
Which of the following is a lagging economic indicator?
Equilibrium
An equilibrium where demand from the market matches its supply, stabilizing prices as a consequence.
Substitute
A product or service that can be used in place of another to satisfy the same needs or desires.
Margarine
A spread used for flavoring, baking, and cooking, made primarily from vegetable oils as an alternative to butter.
Demand Curve
The demand curve is a graphical representation that shows the relationship between the price of a good or service and the quantity demanded by consumers.
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