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If aggregate demand equals aggregate supply,macroeconomic equilibrium exists.
Legal Protection
Measures and laws in place to safeguard individuals, groups, or organizations against infringement or harm regarding their rights, property, or well-being.
Private Ownership Rights
Legal protections that allow individuals or businesses to own, use, and transfer property freely.
Physical Assets
Tangible objects that hold value, such as real estate, machinery, vehicles, or commodities, often used in the production of goods and services.
Opportunity Cost
The value of the next best alternative forgone as a result of making a decision.
Q12: One way the consumer price index (CPI)differs
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Q181: The government's chief forecasting gauge for business