Examlex
Data gathering and assessment skills do not include
AS Curve
The Aggregate Supply curve, depicting the total supply of goods and services that firms in an economy will produce at different price levels.
Classical Theory of Employment
An economic theory that posits that the economy naturally operates at a level of full employment due to the flexibility of prices and wages.
Total Consumption
The aggregate amount of goods and services consumed by individuals and entities in an economy.
Total Saving
The aggregate saving in an economy, comprising both private saving by households and public saving by the government.
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