Fluctuations in aggregate demand with no change in short-run aggregate supply bring fluctuations in real GDP around potential GDP. For instance, starting from full employment, a decrease in aggregate demand decreases the price level and real GDP and creates a recessionary gap.
<h3>What is GDP?</h3>
The market worth of all the finished goods and services that nations produce and sell in a certain time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character.
Gross domestic product, or GDP as it is more commonly called, is one of the most significant. This economic indicator measures the monetary value of goods (including food items, machinery, textiles, and cars) and services (including health care, education, etc.) produced in the nation over a specific time period.
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Answer:
I don't know maybe the Explanation will help.
Explanation:
Consumers satisfy their wants by purchasing goods and services for consumption purposes.
Answer:
C
Explanation:
Each social class had different perks but there was a clear order on who went first (Pharaohs)
It seems that you have missed the necessary options that will help us answer this question, but anyway, here is the answer. The area of South America that has been least <span>able to utilize it's resources is COMMUNISM. Communists are known to abhor progress. Hope this is the answer that you are looking for. </span>
