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Sedimentary Rock Formed from the Combined Processes of Weathering,erosion,transportation,deposition,lithication,and Compaction

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Sedimentary rock formed from the combined processes of weathering,erosion,transportation,deposition,lithication,and compaction of rock fragments of other rocks are


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Classical Economic Systems

An economic framework based on free markets, limited government intervention, and the belief in the efficiency of market outcomes as guided by invisible hand principles.

Economy

A system of production, distribution, and consumption of goods and services within a particular geographical area.

Full Employment GDP

The output level produced in an economy when labor resources are fully employed, but not over-employed.

Spending

The expenditure of money on goods, services, or other items by individuals, businesses, or governments.

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