Examlex
_____ is a systems development technique that produces a graphical representation of a concept or process that systems developers can analyze,test,and modify.
Nominal GDP
Nominal GDP is the market value of all final goods and services produced within a country in a given period, measured in current prices.
Aggregate Output
The total value of all goods and services produced in an economy over a specific time period.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period at given prices.
Price Level
A measure of the average prices of goods and services in an economy at a given time.
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