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Development of cities and towns can have all of the following effects EXCEPT
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, regulating banks, maintaining financial stability, and providing banking services.
Bonds
Fixed income investment products that represent loans made by the investor to the issuer, typically corporate or governmental, for a defined period of time.
Price Level
An all-encompassing average of the present prices in the economy for goods and services.
Nominal Variable
A variable measured in terms of monetary value that has not been adjusted for inflation, reflecting the current price levels.
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