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Answer true or false to the reason given in the following statement: In large cities the transfer of a contagious disease or antibiotic-resistant pathogen is more easily accomplished because the population is more spread out.
Macroeconomic Equilibrium
A state in which aggregate supply equals aggregate demand, meaning all goods and services produced are purchased, without any involuntary inventory buildup.
Aggregate Demand
The total demand for all goods and services within a particular market.
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the actual value of goods and services produced over a specific period.
Equilibrium
A state in economics where supply equals demand, resulting in a stable market condition where there is no tendency for change.
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