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Aggregate Demand Changes in Response to Which Factors of the Following

question 26

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Aggregate demand changes in response to which factors of the following factors?


Definitions:

Intangible Activities

Activities or services that offer value but do not result in the ownership of physical goods.

Organization

An entity comprising multiple people structured in a specific way to achieve a collection of goals or objectives.

Needs

Needs refer to the basic requirements or essentials that individuals must have to survive and function, such as food, shelter, and safety.

Intangibility

A characteristic of services that means they cannot be seen, tasted, felt, heard, or smelled before they are bought.

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