Examlex
Which of the following is a disadvantage of trademarking a firm's product?
Political Compromises
Agreements reached by conflicting parties in which concessions are made by all involved to achieve a mutual solution.
Inflationary Gap
The situation where the total demand in an economy exceeds the total supply, leading to higher prices and inflation.
Equilibrium GDP
Equilibrium GDP is the level of output where aggregate demand matches aggregate supply, resulting in a stable economy without tendencies to change.
Multiplier
A factor that quantifies how an increase in spending leads to an increase in national income and output, typically greater than the initial amount spent.
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