Examlex
________ is the semiconductor material used to make transistors.
Recessions
Periods of economic decline lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Government Spending
Expenditures by the government sector including spending on goods and services, public works, social services, and transfer payments.
Classical Economists
Economists of the 18th and 19th centuries who believed in free markets, minimal government intervention, and the self-regulating nature of economies.
Stable Economy
An economic condition characterized by predictability, low inflation, and minimal unemployment, indicating a healthy economic environment.
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