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Individuals are allowed to deduct the greater of the standard deduction or itemized deductions.
Blues Festival
A music festival focusing specifically on blues music, showcasing various artists and bands in the genre.
Nonrival
A characteristic of a good or service where one person's consumption does not diminish the ability of another to consume it as well.
Excludable
A property of a good or service that allows its owner to prevent others from using it without permission.
Artificially Scarce Good
A good that has its availability limited by design or through artificial means, rather than through natural scarcity.
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