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Discrimination can occur without the awareness of both those doing the discriminating and those being discriminated against.
High Tax Rates
Elevated percentages of an individual's or company's income that must be paid to the government, affecting disposable income and investments.
Laffer Curve
A theoretical representation suggesting that there is an optimal tax rate that maximizes revenue without discouraging economic activity.
Classical Economists
Economists and thinkers primarily from the 18th and 19th centuries, such as Adam Smith, David Ricardo, and John Stuart Mill, who focused on developing theories about the workings of market economies.
Quantity Theory of Money
An economic theory which proposes that the amount of money in an economy is directly proportional to the level of economic activity.
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