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Explain the two types of societies described by Tӧnnies according to their degree of social solidarity and social control.
David Hume
An 18th-century Scottish philosopher, historian, economist, and essayist known for his influential ideas in economics, empiricism, and skepticism.
Aggregate Demand
Aggregate demand represents the total demand for all goods and services in an economy at a given overall price level and in a given time period.
Investment Tax Credit
A tax credit offered to businesses to encourage specific types of investments.
Real GDP
The measure of a country's economic output adjusted for price changes, such as inflation or deflation, to reflect the true value of goods and services produced.
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