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What is meant by a Pareto optimal allocation?
American Products
Goods that are manufactured or produced within the United States.
Midterm Election
Elections held midway through the term of the President of the United States, used to elect various members of congress, including all of the House of Representatives and one-third of the Senate.
Republicans
Members of the Republican Party, one of the two major political parties in the United States, traditionally emphasizing free market policies, limited government, and strong national defense.
Congress
The national legislative body of the United States, consisting of two chambers: the Senate and the House of Representatives, responsible for making federal laws.
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