Examlex
If the rate of formation of ammonia is 0.345 M/s, what is the rate of disappearance of N2?
N2(g) + 3H2(g) 2NH3(g)
Classical School
A school of economic thought that emphasizes the importance of free markets, competition, and the self-regulating nature of economies.
Monetarists
Economists convinced that fluctuations in the money supply play a crucial role in influencing short-term national output and affect price levels over the long term.
Balancing the Budget
The process of adjusting income and expenditure so that they equal each other, resulting in no deficit or surplus.
Classical Economists
Economists from the 18th and 19th centuries who advocated for free markets, minimal government intervention, and believed in the theory of self-regulating economies.
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