Examlex
Sigma notation for determining median of 15 values is .
Short-Run
A period in economics where at least one input is fixed, usually applied to analyze immediate impacts on the economy.
Money Supply
The full quantification of financial means in an economy at a certain point in time, including tangible currency like coins and notes and virtual balances in checking and savings accounts.
Interest Rates
The percentage of a sum of money charged for its use, influencing investment and consumption in the economy.
Investment Spending
Expenditures on new physical capital, such as buildings and machinery, and on inventory investments by businesses, contributing to economic output.
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