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What is the physiological cause of a heart attack?
Maximum Output Level
refers to the highest amount of production a company can achieve with the current resources and technology.
Production Possibilities Frontier
A curve representing a hypothetical model of a two-product economy operating at full employment.
Aggregate Demand Curve
A curve that represents the total demand for goods and services within an economy at various price levels, all else being equal.
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy, often used to measure inflation.
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