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Use Determinants to Identify Inconsistent Systems and Systems with Dependent Equations
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ADH Release
Antidiuretic hormone (ADH) release is a process triggered by the hypothalamus that instructs the pituitary gland to release ADH into the bloodstream, which helps control the balance of water in the body.
Real Purchasing Power
The amount of goods and services that can be purchased with a unit of currency, taking into account changes in prices due to inflation or deflation.
Income Effect
The change in an individual's consumption choices resulting from a change in real income, due to price changes or income changes.
Substitution Effect
The change in consumption patterns due to a change in relative prices, causing consumers to replace pricier items with more affordable substitutes.
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