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“equilibriums”
The state of balance between opposing forces or effects: When forces balance each other they are said to be in equilibrium.
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Measurements and Mathematics Terms
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“equilibriums”
A macroeconomic situation in which national demand for goods and services equals a national supply of goods and services: The economy in anggregate equilibrium operates in full employment and and variation in aggregate demand can only lead to the change in the level of prices, not to a change in the output.
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Economical, Business, and Financial Terms +
(page 1)