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What Economists Sometimes Call the "Long-Run Aggregate Supply Curve" Is

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What economists sometimes call the "long-run aggregate supply curve" is


Definitions:

Full Redundancy

The duplication of critical components or functions of a system with the intention of increasing reliability of the operational capability.

Hydraulic-assist Pressure

The pressure exerted by a hydraulic fluid to aid in the operation of mechanical systems, enhancing effort or force.

Pitman Arm

A lever attached to the sector shaft that converts the rotary motion from the steering column to a linear motion needed for steering the wheels.

Sector Shaft

Part of a steering mechanism, a sector shaft is the shaft to which the sector gear is attached, converting the rotary motion of the steering wheel into linear motion for steering.

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