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A rocket ship of rest length 100 m is moving at speed 0.8c past a timing device which records the time interval between the passage of the front and back ends of the ship.This time interval is:
Aggregate Output
The total value of all goods and services produced in an economy over a specific time period.
Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a specific time period at given prices.
Price Level
A measure of the average prices of goods and services in an economy at a given time.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced over a specific time frame.
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