Use the following to answer questions .
Exhibit: Monetary Policy and Long-Run Aggregate Demand and Aggregate Supply 
-(Exhibit: Monetary Policy and Long-Run Aggregate Demand and Aggregate Supply) Long-run equilibrium positions occur at points
Definitions:
Overhead
The ongoing expenses of operating a business that are not directly associated with the production of goods or services.
Fixed Manufacturing Overhead
Costs that remain constant regardless of the level of production, related specifically to the manufacturing process, such as rent, utilities, and salaries of permanent staff.
Machine-Hours
A measure of machine usage, representing the total hours a machine operates during a specific period.
Volume Variance
The difference between the expected (budgeted) volume of production or sales and the actual volume, affecting costs and revenues.
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