Examlex
Which of the following is not an assumption made by the dynamic model of aggregate demand and aggregate supply?
Gross Domestic Product
The overall value, whether in market prices or monetary terms, of all final goods and services produced within the territorial limits of a country in a specific period.
Income Inequality
The unequal distribution of household or individual income across the various participants in an economy.
Primary Products
Goods that are available from cultivating raw materials without a manufacturing process.
Crop Supply
Crop supply denotes the total quantity of agricultural crops that are available in the market during a specific period.
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