Examlex
Consider the basic AD/AS diagram. The vertical line at Y* shows the relationship between the price level and the amount of output have adjusted to output gaps.
Crash Cost
The additional costs incurred to reduce the completion time of a project or an activity, typically beyond standard operation costs.
Time-savings
The reduction in time required to perform a task, often achieved through efficiency improvements or technological advancements.
Crash Budget
An extreme budgeting method used to significantly reduce spending or development time, often under tight deadlines or financial constraints.
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