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How can the effect of an expansionary fiscal policy be weakened?
Functionalist Analysis
Functionalist analysis is a sociological approach that interprets each part of society in terms of how it contributes to the stability and functioning of the whole.
Stratification
The hierarchical arrangement or classification of society into various layers based on factors such as socio-economic status, race, education, or power.
Social Mobility
The ability for individuals or families to move within or between social strata in a society, which can result in changing social status.
Mincome Experiment
A social experiment conducted in the 1970s in Manitoba, Canada, testing the effects of providing citizens with a guaranteed minimum income.
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