Examlex
Which of the following statements about CO2 are true?
1) It does not support animal life.
2) It is a flammable gas.
3) It is odorless and colorless.
4) It is heavier than air.
Short Run
A period in economics where at least one input is fixed while others are variable, affecting levels of production.
Output
The total quantity of goods or services produced by a company, industry, or economy within a certain period.
Unemployment
The situation in which individuals who are able and willing to work are not finding employment.
Aggregate Demand
It refers to the total demand for all goods and services within a particular economy at current price levels.
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