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What distinguishes client politics from interest group politics is the fact that
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulation of financial institutions, and stability of the financial system.
Open-market Purchase
The buying of securities by a central bank from the market to inject liquidity and encourage economic growth.
Aggregate Demand
The complete need for goods and services across an economy at an established price level within a specific period.
Government Spending
The total amount of money spent by the government on various services, infrastructure projects, and welfare programs.
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