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Two wires with the same resistance have the same diameter but different lengths.If wire 1 has length L1 and wire 2 has length L2,how do L1 and L2 compare if wire 1 is made from copper and wire 2 is made from aluminum? The resistivity of copper is 1.7 × 10-5 Ω·m and the resistivity of aluminum is 2.82 × 10-5 Ω·m.
Price Level
The economy’s general price level across its full range of goods and services.
Short-run Equilibrium
A state in which market supply and demand balance each other, and, as a result, prices become stable temporarily.
Global Pollution
Environmental damage that crosses international borders, affecting air, water, and land on a worldwide scale.
Aggregate Supply
The total supply of goods and services that firms in an economy are willing to sell at a given overall price level and in a given time period.
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