Examlex
Write the compound proposition
Aggregate Demand
The total demand for all goods and services within an economy at various price levels, in a given time period.
Expansionary Gap
A situation where the actual economic output exceeds the potential output, often leading to inflation.
Short-Run Aggregate Supply
This is the total supply of goods and services that firms in an economy plan on selling during a short time period, taking into account current prices.
Government Spending
The total expenditure by the government on goods and services, including public services, infrastructure, and welfare programs, to influence the economy.
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