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If the aggregate demand curve and the aggregate supply curve intersect at a level of real GDP more than potential GDP,there is
Unrecognized Past Service Cost
Costs associated with pension plan benefits earned by employees in prior periods not yet reflected in financial statements.
Periodic Pension Expense
The total expense recognized in a period related to an organization’s pension plan.
Funded Status
The financial condition of a pension or other post-employment benefit plan, calculated as the difference between plan assets and obligations.
Defined Contribution Plan
A retirement plan in which the employer, employee, or both make contributions on a regular basis, but the final amount received by the employee depends on the plan's investment performance.
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