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Money Supply
The sum of all financial assets, such as cash, coins, and the amounts in checking and savings accounts, present in an economy at a given time.
Expected Price Level
The anticipated average price of goods and services in an economy over a future period.
Short-Run Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period, under the presumption of some fixed costs.
Aggregate Demand
Entire level of requisition for goods and services in an economy, marked at a certain unified price level over a distinct time phase.
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