Examlex
____ theory can be used to explain why participants will derogate victims after they have done those victims physical (Glass,1964) or psychological harm (Davis & Jones,1960) .
Recessionary Gap
The difference between the actual output of an economy and its potential output at full employment.
Self-correction
The process by which an economic variable adjusts back to its equilibrium or normal state after a disturbance, without external intervention.
Labor Surplus
A situation where the supply of labor exceeds the demand for labor, leading to unemployment or underemployment.
Passive Approach
A strategy or policy of non-intervention, allowing market forces to operate with minimal governmental interference.
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