Malina

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Question		Answer
created by humans start learning		man-made
extreme scarcity of food start learning		famine
said to be wrong start learning		disappoint
period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP start learning		recession
system where the means of producing and distributing goods is collectively owned by a centralized government start learning		socialism
situation when inflation rate is high, economic growth rate slows and unemployment remains steadily high start learning		stagflation
deregulation of economy and cutting taxes, especially government taxes start learning		trickle-down economics
deregulation of economy and cutting taxes, especially government taxes start learning		fiscal policy
situation where there is only one company hiring and workers are relatively immobile start learning		monopsony
a state in which opposing forces or influences are balanced start learning		equilibrium
situations when some employers might voluntarily offer higher wages to increase worker productivity start learning		efficiency wages
a series of workers and machines in a factory by which a succession of identical items is progressively put together start learning		assembly line
encourage development of or increased activity in (a state or process) start learning		incentive/stimulate
denoting or relating to a value or quantity lying at the midpoint of a frequency distribution of observed values or quantities, such there is an equal probability of falling above or below it start learning		median
a society or association formed by people with a common interest or purpose start learning		union

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