Examlex
Any object will collapse under its own weight unless something stops it. In an ordinary star like the Sun, this collapse is prevented by
Long Run Aggregate Supply
Represents the total output an economy can produce when using its resources in the most efficient way, without changing the price levels.
Expected Price Level
Expected price level refers to the anticipation of people regarding the general price level of goods and services in the economy in the future.
Price Level
The general price level average of all goods and services in the economy currently.
Interest Rates
The cost of borrowing money or the return on saved money, usually expressed as a percentage of the amount borrowed or saved.
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