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The level of potential output and location of the long-run aggregate supply curve are determined by
Inventory Records
Documented information about the quantity, type, and location of inventory a business has on hand or in transit.
Inventory Shrinkage
The loss of inventory that occurs due to theft, damage, or errors in counting or documentation.
Adjusting Entry
An accounting entry made into a company's general ledger at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.
Merchandise Inventory
Goods that a retailer, wholesaler, or distributor holds for the purpose of resale to customers.
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