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How does secondary enhancement enable people to maximize their pleasures?
Cost of Living
The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare.
Price Level
A measure of the average prices of goods and services in the economy at a specific point in time.
Aggregate Supply Curve
A graphical representation showing the relationship between the total quantity of goods and services that producers in an economy are willing to supply at a given overall price level in a given time period.
Unemployed Resources
Factors of production that are not currently being used to their full potential.
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