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(abbrieviation: GFCF) (also called investment (I)) the capital goods that are bought by businesses and the government to produce other goods and services.
the difference between the revenue received from the sale of output and the opportunity cost of...
improving the welfare of someone at the expense of the welfare of others.
changes in production which occur when all resources are changed in the long run.
(also called an index) a series of index numbers with a fixed time period; such as a year or a...
the sum of average fixed costs and average variable costs