Examlex
Which of the following people would be expected to be especially skilled at 180° mental rotations?
Normative Economics
The branch of economics that applies value judgments to data to recommend actions or policies, focusing on what ought to be rather than what is.
Macroeconomics
The branch of economics that examines the economy as a whole, including issues like inflation, unemployment, and economic growth.
Aggregate Inflation
Aggregate inflation refers to the overall general increase in prices across the economy, reducing the purchasing power of money.
Unemployment
The failure to use all available economic resources to produce desired goods and services; the failure of the economy to fully employ its labor force.
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