Examlex
_____ refers to conducting a thorough analysis of every facet of an existing business.
Recessions
Phases of momentary economic slump that lead to a reduction in trading and industrial activities, frequently identified by declining GDP in two successive quarters.
Aggregate Demand
The total demand for all goods and services in an economy at a given general price level and in a given time period.
Aggregate Supply
The aggregate output of goods and services that companies in a national economy aim to market within a given timeframe.
Classical Economic Theory
A broad school of thought in economics that emphasizes the role of market forces and the flexibility of prices in achieving economic equilibrium, advocating minimal government intervention.
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