Examlex
Which of the following is a statement of equality?
Natural Rate
The level of unemployment or interest that exists when an economy is balanced, not affected by short-term fluctuations or cyclical, structural factors.
Price Level
The combined average cost of all goods and services manufactured within the economy.
Deflation
A decrease in the general price level of goods and services, often indicating an economy in contraction.
Aggregate
A total or sum, often used in economics to describe combined quantities like total output or income.
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