Examlex
The invention of satellites advanced astronomy because telescopes on satellites can observe wavelengths of electromagnetic radiation, such as X-rays, that cannot penetrate the Earth's atmosphere.
Fiscal Policy
Fiscal policy involves government spending and taxation to influence the economy.
Inflation Rate
The percentage increase in the price level of goods and services over a period of time.
Unemployment Compensation
Financial payments made to individuals who have lost their jobs, provided by the government or other authorized bodies to support them while they search for new employment.
Sticky Wages
The tendency of nominal wages to adjust slowly to changes in the economy, such as inflation or unemployment, often leading to disequilibrium in the labor market.
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