Examlex
The learning and growth perspective of the balanced scorecard addresses how well the organization is doing with regard to important customer criteria.
Macroeconomic Equilibrium
A state in which aggregate supply equals aggregate demand, meaning the economy is at a balance between the total quantity of goods supplied and the total quantity of goods demanded.
Output Demanded
Refers to the quantity of goods or services that consumers and other economic agents are willing to buy at a given price.
Output Supplied
Refers to the quantity of goods or services that producers are willing and able to sell at a given price level within a specified period.
Aggregate Demand
Complete economic consumption desires for all goods and services, measured at a particular total price level within a predetermined timeframe.
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