Examlex
According to the simple extended AD-AS model, demand-pull inflation and cost-push inflation have the same effect on output in the long run.
Yell "Fire!"
A metaphorical expression or a literal action that suggests causing a sudden alert or panic, often used in discussions of human reactions in emergency situations.
Kitty Genovese
Kitty Genovese was a young woman whose 1964 murder in New York City became famous due to the widely reported (though later questioned) lack of intervention by numerous witnesses.
Reciprocal Altruism
A behavior in which an organism acts in a manner that temporarily reduces its fitness while increasing another organism's fitness, with the expectation that the action will be reciprocated in the future.
Reciprocity
A mutual exchange of privileges or interactions between two parties, where each party provides benefits to the other with a sense of obligation.
Q5: The long-run Phillips Curve is essentially a
Q8: If the United States wants to regain
Q20: A strategy that attempts to reduce the
Q42: To convey the point about supply-side economics,
Q43: A key difference between import quotas and
Q46: Relatively high rates of U.S. inflation compared
Q89: A commercial bank has excess reserves of
Q89: The most frequently used instrument of the
Q89: In the graphs below, Q<sub>P</sub> refers to
Q147: United States exports, international tourism in the