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The Long Run Aggregate Supply Curve (LRAS) Also Represents

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The long run aggregate supply curve (LRAS) also represents


Definitions:

Codicil

A supplement or amendment to a will, allowing for changes or additions without requiring the will to be completely rewritten.

Probate

The legal process through which a deceased person's estate is properly distributed to heirs and designated beneficiaries and any debt owed to creditors is paid off.

Constructive Trust

A legal remedy imposed to address unjust enrichment, where property is held by someone who should not profit from it.

Incorporated by Reference

A method in legal documents where the contents of an external document are made a part of the main document by mentioning it explicitly.

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