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Which of these is the systematic name for the compound represented below?
Real Output
Measures the quantity of goods and services produced, adjusted for inflation, to reflect the actual physical output.
Diminishing Returns
Diminishing returns is an economic principle stating that as more investments or resources are added to a production process, the incremental gain in output will eventually decrease if all other factors remain constant.
Disguised Unemployment
Situations where more people are employed in a task or job than is necessary for its completion, leading to inefficiency.
Capital Goods
Long-term assets such as buildings, machinery, and equipment purchased by businesses to produce goods and services.
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