Examlex
Which of the following statements is FALSE?
Long-run Equilibrium
A state in which economic forces such as supply and demand are balanced, occurring when the level of output is sustainable in the long term without creating inflation.
Labor Force
The total number of people available for work, including both the employed and the unemployed who are seeking employment.
Price Level
A measure of the average prices of goods and services in an economy.
Net Investment
The total amount spent by a company or economy on capital assets, minus depreciation.
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