11) Per Unit Production Cost I 12)Exchange Rates 13)Leakage 4) Net Exports Total

Question

11) Per Unit Production Cost I 12)Exchange Rates 13)Leakage 4) Net Exports Total input Cost divided by Untis of Output less Labor Cost. The Price of Goods In terms of other nation's currencies An increase in the economy from actions taken to reduce taxes. The amount of goods produced in this country for exports 15) Expected Rate of Return The anticipated investment return on capital goods and projects. Cost associated with reducing expenses during a recession, egreprinting menus with new prices 16) Menu Cost ware,which Wages which are considered the input wages of production 17) Minimum wage empoloyment GDP falls short of those required to achieve ful employment GDP 18) Recessionary Expenditure Gap An economy that includes consumer, business and governement segments ot the eonomy 19) Private Closed Economy A tax of a constant amount so the government obtains the same amount of tax at each level of GDP 20) Lump Sum Taxes

Explanation / Answer

The aggregate supply curve shows the relationship between a nation's overall price level, and the quantity of goods and services produces by that nation's suppliers.

Real Rate = Nominal Rate – Inflation Rate

The nominal rate is the reported percentage rate without taking inflation into account. It can refer to interest earned, capital gains returns, or economic measures like GDP (Gross Domestic Product).

Desired or planned investment generates desired saving via income adjustments

          Wealth effect = assets –debt

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