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In the basic AD/AS macro model,it is assumed that,for any given interest rate,the demand for money depends on the
Marginal Product
The additional output that is produced by employing one more unit of a particular input, keeping all other inputs constant.
Variable Resource
An input in production that can be adjusted in the short term to change the level of output.
Marginal Product
The additional output that is produced by using one more unit of a particular input, holding all other inputs constant.
Number of Workers
The total count of individuals employed or available for employment within a business or economy.
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