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The Established Standards of Behavior Maintained by a Society Are

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The established standards of behavior maintained by a society are referred to as


Definitions:

Paper Loss

indicates a loss that has occurred on paper due to a decrease in the market value of an investment, but has not yet been realized through a sale.

Stock Markets

Markets where shares of publicly held companies are issued and traded, serving as a platform for buying and selling stocks.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and for challenging Keynesian economics.

Lottery

A form of gambling that involves drawing numbers at random for a prize, often run by states or organizations as a way to raise funds.

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