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With optimistic locking,the assumption is made that no conflict will occur.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period, depending on the price level.
Aggregate Demand
The overall consumption requirement for goods and services in an economic landscape, priced at a given level over a set duration.
Economic Fluctuations
Variations in the level of economic activity over time, characterized by periods of boom and recession.
Recession Overseas
An economic downturn that occurs in a country or region outside of one's own, potentially affecting global trade and economic stability.
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