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Why is the long- run aggregate supply curve vertical?
Annual Rates
Interest rates or financial charges that are applied over a one-year period.
Compound Rate
The rate of interest used in calculating compound interest, typically applied over multiple compounding periods.
Investment
The allocation of resources, usually money, in the expectation of generating an income or profit.
Compounded Semiannually
Interest that is computed and appended to the original amount semi-annually.
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