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In new classical cycle theory, ________ bring fluctuations in real GDP around potential GDP.
Internal Failure Costs
Costs incurred due to defects in products before they are shipped to customers, such as scrap and rework expenses.
Quality Cost Report
A document that identifies the costs associated with preventing, detecting, and correcting defects in products.
Circle K Toys
Presumed to be a fictional or specific brand name related to toy retail, without specific universal definition or recognition as a significant entity.
Appraisal Cost
Appraisal costs are expenses associated with the inspection and testing of materials and products to ensure quality standards are met.
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