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What is the service delivery system?
Aggregate-Demand Curve
An illustrative chart that demonstrates how the general price level within the economy correlates with the total demand for goods and services at that level.
Short Run
A time period in economics during which at least one input is fixed, typically considered to be within a few months to a year.
Aggregate Supply
The total supply of goods and services that firms in an economy are willing and able to sell at different price levels.
Short-Run
A period during which at least one input, such as plant size or capital, is fixed, allowing only some production variables to be adjusted.
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