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When saving a file, the Documents folder is the default (automatically selected) storage location. _________________________
Long-run Aggregate Supply
Long-run aggregate supply represents the total output of goods and services that an economy can produce when it is operating at full capacity, unaffected by the price level in the long term.
Resource Prices
The costs associated with procuring the natural, human, and capital resources needed for producing goods and services.
Natural Rate
The unemployment rate or level of activity achieved in an economy when it is at full employment, without accelerating inflation.
Unemployment
The situation in which individuals who are capable of working are actively seeking work but are unable to find employment.
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