Examlex
Flexible production is now widely used in the auto industry.
Inflation
The magnitude of growth in the overall price points for goods and services, weakening the efficacy of spending power.
Government Spending
The total amount of money expended by a government on various sectors, including infrastructure, education, defense, and social services.
Net Exports
The difference between a country's total exports of goods and services and its total imports of goods and services over a specified period.
Samuelson
Refers to Paul Samuelson, a prominent economist known for his contributions to many fields of economics.
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