Examlex
In long-run macroeconomic equilibrium, actual aggregate output equals potential output.
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy.
Price Level
A measure of the average prices of goods and services in the economy.
Graph
A visual representation of data, relationships, or trends through various types of charts such as line, bar, or pie charts.
Year 2021
The period of time that began on January 1, 2021, and ended on December 31, 2021.
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