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(a)Using a graph showing aggregate demand,short-run aggregate supply,and long-run aggregate supply,illustrate an economy that faces a recessionary gap.
Independent Agent
An individual or entity that sells products or services on behalf of one or more companies but is not directly employed by any of them.
Sales Force
A dedicated team or department within a company focused on selling the company's products or services.
Manufacturing Business
An enterprise involved in the industrial production of goods, transforming raw materials into finished products on a large scale.
Personal Selling
A marketing strategy where salespersons use face-to-face interaction to sell products or services directly to consumers.
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