Examlex
A belief is a deeply rooted attitude that governs our values.
Inflation Rate
The velocity at which the broad price level of goods and services climbs, reducing purchasing capability.
Aggregate Demand
The total demand for all goods and services within a particular economy at a given overall price level and in a given period.
Aggregate Supply
The total output of goods and services that producers in an economy are willing and able to supply at a given overall price level in a specified time period.
Price Levels
The midpoint of prices for every type of good and service produced economically.
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