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Why did the Navigation Acts not spark colonial rebellion as did the acts passed after 1763?
Short Run
A period in which at least one input is fixed, and only some of the production inputs can be varied.
Aggregate Demand
Cumulative interest in goods and services within an economic structure, evaluated at a particular comprehensive price level over a specific duration.
Short Run
A timeframe in which a company has at least one input that remains constant and is unable to be altered.
Short-Run Equilibrium
A state in economics where demand equals supply, resulting in market stability over a temporary period.
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