Examlex
The exclusive powers only able to be exercised by the Federal Parliament do not include:
Quantity Change
A variation in the amount of goods or services produced or supplied, often measured to assess economic shifts or business performance.
Industry
A sector of the economy that involves the production and manufacturing of goods or the provision of services.
Long Run
A period during which all factors of production and costs are variable, in contrast with the short run where some costs are fixed.
Short Run
A period in economics during which at least one input, such as plant and equipment, is fixed, focusing on immediate effects of economic decisions.
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