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The essence of the Existential philosophy is
Aggregate Demand
Overall market demand for goods and services in an economy, determined at a prevailing comprehensive price level for a certain duration.
Equilibrium Output
The level of output where the quantity of goods produced equals the quantity of goods consumed, resulting in market equilibrium.
Potential Output
The maximum amount of goods and services an economy can produce when it is most efficiently utilizing all its resources.
Actual Output
The real quantity of goods and services produced by an economy or firm at a given period, regardless of capacity.
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