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Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price level, at a specific time.
Quantity Supplied
The volume of a commodity or service that sellers are ready and able to put on the market for a certain price within a designated period.
Reserves
Funds or materials set aside for future use or in case of an emergency, often referring to financial or resource stockpiles.
Flexible Exchange Rates
A system under which the value of a country's currency is allowed to fluctuate according to the foreign exchange market.
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