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Business Cycles Explained - Sticky Wages & Prices

32,679 views

Learn Liberty

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

97%
  • 3:55 / 4:02

Speech Rate:

  • 178 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

collective

/kəˈlektiv/

collective
adjective noun

done by group. cooperative enterprise.

reasons

/ˈrēzən/

reasons
noun other verb

cause, explanation, or justification for action or event. Explanations for why some things occurred or was done. To think and make conclusions in a logical manner.

automatically

/ˌôdəˈmadiklē/

automatically
adverb

by itself with little or no direct human control.

distinction

/dəˈstiNG(k)SH(ə)n/

distinction
noun

difference or contrast.

unionized

/ˈyo͞onyəˌnīzd/

unionized
adjective verb

(of workers or their workplace) belonging to, or having workers belonging to, trade union. To form labor unions.

enshrined

/inˈSHrīn/

enshrined
verb

To cherish or treasure as sacred.

technical

/ˈteknək(ə)l/

technical
adjective noun

Of practical use of machine/science in industry. undefined.

stickiness
stickiness
noun

Property of sticking to a surface.

witnessed

/ˈwitnəs/

witnessed
verb

To see an event take place (usually a crime).

nominal

/ˈnämən(ə)l/

nominal
adjective

existing in name only.

parable

/ˈperəb(ə)l/

parable
noun

Short story, usually with a moral lesson.

difficult

/ˈdifəkəlt/

difficult
adjective

needing much effort or skill to accomplish, deal with, or understand.

rationally

/ˈra(ə)n(ə)lē/

rationally
adverb

In a carefully considered manner.

imagine

/iˈmajən/

imagine
verb

form mental image of.

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