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Suppose that during World War II the long-run aggregate supply curve shifted right.In order for price and output to have changed in the direction they did,what would have to have happened to aggregate demand?
Depreciation
The systematic reduction in the recorded cost of a fixed asset to allocate its cost over its useful life, reflecting wear and tear, decay, or obsolescence.
Net Income
The total profit or loss of a company after all expenses, including taxes and operating costs, have been deducted from revenues.
Indirect Method
The indirect method is a way of reporting cash flows from operating activities by starting with net income and adjusting for non-cash transactions.
Capital Structure
The mix of various forms of external funds and equity that a company uses to finance its operations and growth.
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