Examlex
Which of the following is an example of a terminal unit?
Potential Output
Represents the highest level of real Gross Domestic Product (GDP) that can be sustained over the long term without increasing the rate of inflation.
Sustainable Output
The level of production that can be maintained over the long term without depleting natural resources or harming the environment.
Unemployment Rate
The fraction of the employment sector that is not employed and is earnestly looking for work.
Nominal Wage
The wage paid to employees in current currency terms, without adjustment for inflation, representing the face value of earnings.
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