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Business Economics


What Is Stagflation?

Stagflation is a combination of high inflation, high unemployment, and stagnant economic growth. Because inflation isn't supposed to occur in ...

What Is Adverse Selection?

What Is Adverse Selection? Adverse selection is a term that describes the presence of unequal information between buyers and sellers, ...



Market Failures


Factors of Production

Factors of Production The various elements used to produce goods and services are considered the factors of production. There are ...

Macro Economics


What Is Leverage Ratio?

Definition of Leverage Ratio The leverage ratio equals the proportion of a bank's debts in comparison to its capital or ...

What Is Stagflation?

Stagflation is a combination of high inflation, high unemployment, and stagnant economic growth. Because inflation isn't supposed to occur in ...

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