Examlex
____________ is defined as the purchase of assets or commodities on one market for immediate resale on another in order to profit form a price discrepancy.
High Inflation
A situation where the price level of goods and services rises rapidly and consistently, eroding purchasing power.
Inflation
The speed at which the overall price level for goods and services increases, leading to a decrease in purchasing power.
Economy's Price Level
The general level of prices for goods and services across an economy, indicating the purchasing power of the country's currency.
Labor Force
The total number of people employed and unemployed, available for work, and actively seeking employment.
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