Examlex
FURPS and FURPS+ are synonymous.
Aggregate Demand
It refers to the total demand for all goods and services within a particular economy at current price levels.
Long Run
A period in economics where all factors of production and costs are variable, allowing companies to adjust to market demands.
Prices
The amount of money required to purchase a good or service, serving as a signal for scarcity and demand in the market.
Unemployment
The condition of being jobless and actively seeking employment.
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