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Organisms evolve over generations to become adapted to the environmental conditions to which they are exposed. The diversity of organisms that occurs in any particular area thus may be largely determined by the abiotic factors limiting survivorship and reproduction of organisms in a region. Which of the following limit the range of Saguaro cactus in North America?
I.pollinators
II.sunlight
III.precipitation
IV.temperature
Spending Multiplier
A concept in economics that quantifies the impact of a change in fiscal policy on the overall economy, indicating how an initial change in spending leads to a larger change in income and output.
Potential Output
The maximum amount of goods and services an economy can produce when it uses its resources fully and efficiently, without causing inflation.
Net Taxes
The total taxes paid to the government minus transfer payments and subsidies received from the government.
Aggregate Demand
The total quantity of goods and services demanded across all levels of an economy at a given price level and in a given time period.
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