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A decrease in inflationary expectations that causes a decrease in the growth rate of firms' prices shifts the:
Statutory Law
Law enacted by a legislative body, distinguished from case law or common law.
Administrative Law
The branch of law that governs the activities and operations of government agencies, including rulemaking, enforcement, and adjudication.
Administrative Procedure Act
A United States federal law that governs the way administrative agencies of the federal government may propose and establish regulations.
Judicial Review
The power of courts to declare void laws and executive actions that they find to be unconstitutional, maintaining a check on government power.
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