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A group of graduate students, bored during a cloudy night at the observatory, begin to make bets about the time different stars will take to evolve. If they have a cluster of stars which were all born at roughly the same time, and want to know which star will become a red giant first, which of the following stars should they bet on?
Policies
Guiding principles or courses of action adopted by an organization, government, or individual to achieve certain goals.
Stagflation
A situation in the economy where inflation and unemployment rates are high simultaneously.
Keynesian Demand Management
A strategy based on Keynesian economics that entails adjusting the level of demand in the economy through monetary and fiscal policy to manage economic cycles.
Economy Control
The use of various tools and policies by a government to regulate and oversee the economy’s health and stability.
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