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A person is on a low-cholesterol diet. Which food is allowed?
Money Supply
The total amount of money available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
Aggregate Supply
The total supply of goods and services that firms in an economy are willing and able to sell at a given overall price level in a specified time period.
Classical Economists
Economists from the 18th and 19th centuries who focused on developing theories about the functioning of markets and economies.
Recessions
Times of short-term economic downturn characterized by a decrease in commerce and industrial operations, usually recognized by a decrease in Gross Domestic Product (GDP) for two consecutive quarters.
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