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What is the effect of contraction and relaxation of the ciliary muscle?
Quantity Theory
A theory in economics that argues the general price level of goods and services is directly proportional to the amount of money in circulation.
Equation of Exchange
An economic equation that relates the quantity of money, its velocity, and the price level of goods and services to the nominal value of transactions.
Inflation Rate
The uptick in percentage of goods and services' prices in an economy throughout a certain duration.
Annual Income
The total amount of income earned over a year from all sources including wages, salaries, bonuses, dividends, and interest.
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