Examlex
An increase in the money wage rate shifts the short- run aggregate supply curve ; an increase in technology shifts the long- run aggregate supply curve .
Lump Sum
An individual payment executed at a designated time instead of divided payments or installments.
Down Payment
An initial payment made when purchasing an item on credit, typically a percentage of the purchase price.
Savings
Money set aside from income for future use, typically held in secure or low-risk savings accounts or investment products to preserve or grow wealth.
Frequency of Compounding
The number of times interest is added to the principal balance of an investment or loan per time period, affecting the total interest earned or paid.
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Q444: Actual aggregate expenditure is<br>A) never greater than