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Use the following to answer question:
Figure 5.34
-(Figure 5.34) For an income of $15, the price of Y falls by _____, leading to a substitution effect of _____and an income effect of _____ .
New Federalism
A political philosophy that seeks to transfer certain powers from the federal government back to the states, emphasizing a decentralization of authority.
Devolution
The delegation of powers from a central government to regional or local authorities.
No Child Left Behind Act
A U.S. Act of Congress that reauthorized the Elementary and Secondary Education Act; it aimed at improving the performance of America's primary and secondary schools by increasing standards of accountability for states, school districts, and schools, as well as providing parents more flexibility in choosing which specific schools their children will attend.
Medicinal Marijuana
Marijuana used for medical purposes to treat certain conditions and symptoms, such as chronic pain or epilepsy, often where traditional treatments are ineffective.
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