Examlex
Factor the expression.
Nominal Terms
Values or prices expressed in current money terms, without adjusting for inflation or price level changes.
Macroeconomic Variables
Indicators or main aggregates considered in the analysis of an economy's overall performance, such as GDP, inflation, and unemployment rates.
Aggregate Demand
This concept refers to the complete spending on goods and services in a country during a specific period, reflecting the economy's overall demand.
Aggregate Supply
The aggregate amount of products and services that businesses intend to offer for sale in the market within a given timeframe.
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