Examlex
What is 'long-run crowding out'?
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Additional Unit
Refers to the increment of one unit in the quantity of goods or services produced or consumed.
Marginal Product of Labor
The additional output that is produced by adding one more unit of labor, keeping other inputs constant.
Increased Productivity
A situation where more output is produced from the same amount of inputs due to efficiency improvements.
Managers Training
Programs designed to improve the skills, knowledge, and performance of individuals in leadership and supervisory roles.
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