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According to economic reasoning, if labor productivity increases by 3 percent per year,
Soviet Union
A former federal socialist state in eastern Europe and northern Asia, existing from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).
Economic Instability
A condition where an economy experiences significant fluctuations in its aggregate output or growth rates, leading to unpredictable and often negative consequences for employment, income, and investment.
Political Instability
A situation in which a government or political system is at risk due to various factors like civil unrest, sudden changes in leadership, or economic crises.
North Atlantic Treaty Organization
A military alliance formed in 1949 for mutual defense and cooperation among North American and European countries.
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