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If the government decreases spending and taxes by 1,000 units and the marginal propensity to consume is .9,then
Pairs of Socks
Multiple sets of soft foot garments, each set consisting of two items, typically worn for warmth, comfort, or hygiene reasons.
Opportunity Cost
The expense incurred by not choosing the second-best option available during decision-making.
United States
A country in North America consisting of 50 states and a federal district, known for its large economy and diverse population.
Rebuilding
The process of restoring or reconstructing infrastructure, homes, or communities after damage or destruction.
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