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How do glaciers affect underlying rock?
Aggregate Supply Curve
Represents the total quantity of goods and services that producers in an economy are willing and able to supply at different price levels.
Potential Output
The maximum level of economic productivity that can be maintained in the long run without causing inflation to rise.
Governmental Intervention
Actions taken by a government to affect the economy, which can include regulations, subsidies, and taxes.
Discretionary Policy
Economic policies based on judgment decisions by policymakers, as opposed to rules-based policies, to manage the economy.
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