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Differentiate between the average propensity to consume and the marginal propensity to consume.
Necessary and Proper
A clause in the U.S. Constitution granting Congress the power to pass all laws deemed necessary and proper for carrying out its enumerated powers.
XYZ Affair
A diplomatic incident between France and the United States in 1797-98, which led to an undeclared naval war, caused by French demands for bribes from American negotiators.
Domestic Political Ramifications
The consequences or effects on a country's internal politics resulting from specific actions, policies, or events.
Republic's Ideology
A set of beliefs and values that emphasizes the welfare of the community over individual interests, supporting a form of government where power resides in elected individuals representing the citizen body.
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