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Stock Variable
A quantity measured at a specific point in time, representing a snapshot of a certain value, such as the amount of money in a savings account.
Stagflation
A situation in an economy where there is a combination of stagnant economic growth, high unemployment, and high inflation.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period.
Keynesian Policies
Economic strategies based on the ideas of John Maynard Keynes that advocate for government intervention to manage demand and stabilize the economy.
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