Examlex
Which factors govern the rate of primary productivity in freshwater and marine ecosystems?
Short-Run Aggregate Supply
The total amount of goods and services that producers in an economy are willing and able to supply at a given overall price level in a short period.
Expected Price Level
The anticipated average cost of goods and services in an economy over a specific time period.
Aggregate Demand Curve
A graphical representation showing the relationship between the overall price level in an economy and the total demand for goods and services.
Potential Output
The maximum amount of goods and services an economy can produce when it is most efficiently utilizing its resources.
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