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Evidence indicates that the typical person who becomes unemployed will
Aggregate Supply
The total supply of goods and services that firms in an economy are willing to sell at a given price level in a given time period.
Investment
The purchase of goods that are not consumed today but are used in the future to create wealth, including assets like property, stocks, or bonds.
Aggregate Demand Curve
Curve showing planned purchase rates for all goods and services in the economy at various price levels.
Price Level
An index that measures the average price of goods and services in an economy at a specific time.
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