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When output exceeds its full-employment level,
Indorsed in Blank
A signature on a negotiable instrument like a check, making it payable to whoever holds the instrument, without naming a specific endorsee.
Holder in Due Course
A party that has acquired a negotiable instrument in good faith and for value, granting them certain protections and rights under the law.
Bearer Instrument
A financial document that is not registered in the name of any owner and thus the physical holder has the right to the document's value or benefit.
Signature
A handwritten or digitally produced mark made by an individual to signify agreement, approval, or identity.
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