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After an unexpected ________ in the price of oil,the long-run adjustment decreases the price level and ________ the unemployment rate as they return to their original levels.
Minimum Cash Balance
The smallest amount of cash that a company aims to hold in its cash account to meet operational needs.
Cash Deficiency
A situation where the cash available is not sufficient to cover the expenses or liabilities; often results in the need for additional financing or budget adjustments.
Production Budget
A plan that outlines the number of units that must be produced within a period to meet the expected sales and inventory levels.
Units Produced
Units produced quantify the number of complete units manufactured or produced during a specific time frame in a production process.
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