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That output, Yt, and the real interest rate, rt, do not depend on the central bank's inflation target in long-run equilibrium in the dynamic model of aggregate demand and aggregate supply demonstrates:
Operator
A segment of DNA to which a repressor protein binds, regulating the expression of genes by blocking the attachment of RNA polymerase to the promoter region.
RNA Polymerase
An enzyme that synthesizes RNA from a DNA template, essential for the transcription phase of protein synthesis.
Translational Controls
Regulatory mechanisms in gene expression that control the rate and timing of protein synthesis from mRNA.
Ribosomes
Cellular structures where proteins are synthesized, reading mRNA sequences and assembling amino acids into proteins based on genetic instructions.
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