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While not the first person to discover antibiotics (Domagk/Fleming/Waksman) discovered the sources of many useful antibiotics.
Economic Models
Simplified versions of reality used by economists to understand and predict economic behavior and outcomes.
Real World
A term referring to actual existence or happening in life, outside of theoretical constructs or simulated environments.
Mortgage-Backed Securities
Financial instruments secured by a pool of mortgage loans, allowing investors to earn interest from payments on these mortgages.
Economic Models
Simplified representations of complex economic processes, used to predict future economic events or understand economic dynamics through mathematical or computational simulations.
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