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What are the steps for creating a BPMN diagram?
Government Purchases
Expenditures by the government on goods and services that directly consume economic resources, distinct from transfer payments.
Short Run
A period in economics during which some factors of production are fixed, limiting the ability of the economy or a firm to adjust to changes.
Real GDP
The market value of all final goods and services produced within a country in a given period, adjusted for inflation.
Recessions
Phases of momentary economic slump that lead to a reduction in trading and industrial activities, frequently identified by declining GDP in two successive quarters.
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