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On a Hertzsprung- Russell diagram, where would you find red giant stars?
Production
The process of creating goods and services from various inputs such as labor, technology, and raw materials.
Price Level
The average of current prices across the entire spectrum of goods and services produced in an economy.
Short Run
A period in economics where at least one factor of production is fixed, limiting the ability to increase output.
Aggregate Demand
Aggregate demand is the total demand for all goods and services within an economy at a given overall price level and within a given time period.
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