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At a Short-Run Macroeconomic Equilibrium,real GDP Is Always Equal to Potential

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At a short-run macroeconomic equilibrium,real GDP is always equal to potential GDP.


Definitions:

ATP Production

The creation of adenosine triphosphate (ATP), a molecule that stores and transfers energy within cells, through processes such as cellular respiration and photosynthesis.

Actively Transported

The process where substances move across a cell membrane requiring the expenditure of energy, typically against a concentration gradient.

Exocytosis

A process in which cells expel materials from the cell interior into the extracellular space by vesicles merging with the plasma membrane.

Extracellular Matrix

A network of non-living tissues that provide structural and biochemical support to cells.

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