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If the marginal productivity of labor is falling, it follows that
U.S. Dollars
The United States' official medium of exchange, frequently employed as a standard in worldwide financial dealings.
Spot Market
An open financial market where commodities or financial instruments are exchanged and delivered right away.
Discount
To calculate the present value of some future amount.
Future
A standardized legal contract to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
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