Examlex
The replacement of striking workers by employers was legal but rarely used until the 1981 air traffic controllers' strike.
Capital Flows
Movements of capital in the form of money or investment from one country to another.
Consumer Preference
The inclination of consumers to favor certain products or services over others, often based on factors like quality, price, or brand.
Partial Equilibrium Analysis
An economic analysis method focusing on the equilibrium of a specific sector or market, ignoring the effects on and from other markets.
Equilibrium Conditions
Refers to the state where market supply and demand balance each other, and as a result, prices become stable.
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