self-correcting mechanism
self-correcting mechanism
Glossary of money, banking and financial markets
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Economics
Definition of self-correcting mechanism
self-correcting mechanism: A characteristic of the economy that causes output to return eventually to the natural rate level regardless of where it is initially.
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Glossary of money, banking and financial markets
Economics money banking and financial market glossary index of terms
Definition and meaning of self-correcting mechanism
Meaning of self-correcting mechanism
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