Examlex
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Aggregate Demand Curve
Curve showing planned purchase rates for all goods and services in the economy at various price levels.
Price Level
An index that measures the average price of goods and services in an economy at a specific time.
Aggregate Supply Curve
A graphical representation that shows the total quantity of goods and services that producers in an economy are willing to produce and sell at different price levels.
Horizontal Segment
In graphical analyses, a part of a line or curve that runs parallel to the horizontal axis, indicating constant value or absence of change.
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