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If the government removes a binding price floor from a market, then the price paid by buyers will
Fixed-income Securities
Financial instruments that pay a fixed amount of income, usually in the form of interest or dividends, like bonds or preferred stocks.
Pass-through Status
A business structure that allows profits to be passed directly to owners or shareholders without being subject to corporate taxes.
U.S. Tax Code
The U.S. Tax Code is the formal body of laws and rules that dictate how federal income taxes are collected from individuals and businesses by the U.S. government.
Diversified
The strategy of spreading investments across various financial assets to reduce risk and increase the potential for return.
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