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In the long run what primarily determines the natural rate of unemployment? In the long run what primarily determines the inflation rate? How does this relate to the classical dichotomy?
Activity
The actions undertaken by an individual or organization, often relating to business operations or project management.
Variable Cost Per Unit
The cost that changes in proportion with the production volume or activity level.
Units Produced
The total number of finished units that have been manufactured during a specific time period.
Fixed Cost Per Unit
The cost that remains constant in total but varies inversely with the level of production or sales volume.
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