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Demand for U.S. Dollars
The desire or need by individuals, businesses, and governments worldwide to hold assets in the form of U.S. currency, influenced by factors such as interest rates and economic stability.
Crowding Out
The phenomenon where increased government borrowing leads to higher interest rates, reducing private investment and spending in the economy.
Real GDP
The measure of a country's gross domestic product adjusted for inflation, reflecting the real value of goods and services produced.
Marginal Propensity
The ratio of change in consumption to the change in income, indicating how much of additional income will be spent or saved.
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