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As Kodak addresses the digital revolution taking over the photographic industry, it wants customers to see it as a leader in digital photography. Thus, it is moving away from the production of film roll cameras. This would be an example of which of the following value creation steps?
Full Employment GDP
The maximum level of output (GDP) an economy can achieve when utilizing all its resources fully and efficiently, without triggering inflation.
Fiscal Policy
Government policies related to taxation and spending to influence the economy.
Money Supply
The entire pool of financial assets in an economy, taking into account cash, coins, and all balances in checking and savings accounts, at a certain timeframe.
Recessionary Gap
A situation in economics where aggregate output is below potential output, leading to unemployment and underused resources.
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