Examlex
In a binary tree, each node must have a minimum of two children.
Equilibrium Real GDP
The level of Gross Domestic Product where aggregate supply equals aggregate demand, adjusted for inflation.
Planned Aggregate Expenditure
The total amount households, businesses, and the government plan to spend on goods and services at different levels of national income.
Production
The process of combining various material inputs and immaterial inputs (plans, know-how) to make something for consumption (the output).
Inventories
Goods and materials that a business holds for the purpose of sale or production in the future.
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