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The conchae
Aggregate Demand
The entirety of consumer and business demand for goods and services in an economy, assessed at an overall price level within a defined time span.
Decrease
A reduction in the quantity, size, or extent of something.
Output Levels
The quantities of goods and services produced by an economy over a specific time period.
Recessionary Gap
A situation where actual economic output is lower than the output that would be achieved at full employment, indicating underutilized resources.
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