Examlex
What advantages might push-down accounting offer for internal reporting?
Long-Run Aggregate-Supply
The total output of an economy when all resources are fully employed, with prices of inputs and outputs able to adjust to any changes.
Real GDP
The inflation-adjusted value of all goods and services produced within a country's borders in a year, reflecting the actual productivity of an economy.
Price Level
An index reflecting the overall current prices for a wide range of goods and services within the economy, averaged out.
Exchange-Rate Effect
Refers to the impact of changes in the exchange rate on a country's export and import prices, and subsequently on its trade balance.
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