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If the distance from the earth to the sun is million miles, and the angle formed between Venus, the earth, and the sun is
(as shown in the figure below), find the distance from the sun to Venus (to the nearest hundred thousand miles).
Where
__________ hundred thousand miles
Income Effect
The change in consumption that results when a price change moves the consumer to a higher or lower indifference curve
Aggregate Demand
Aggregate demand represents the total demand for goods and services within an economy at a given overall price level and in a given time period.
Future Generations
Individuals or populations that will exist in the future, beyond the current members of society, whose interests are considered in long-term policy making.
Budget Deficit
A shortfall of tax revenue from government spending
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