Examlex
Starting from long-run equilibrium,use the basic aggregate demand and aggregate supply diagram to show what happens in both the long run and the short run when there is an increase in wealth.
Loan With The Bank
An agreement where a bank lends money to a borrower, who agrees to repay it along with interest over a specified period.
Necessary Funds
Necessary funds refer to the essential money required to finance an operation, activity, or to cover expenses.
New Contract
An agreement created to establish or modify legal obligations between parties that may replace or supplement a previous contract.
Local Transport
Transportation services operating within a particular region or city, typically involving buses, trams, and local trains.
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