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Points to the right of the LM curve show an excess
Common Features
Characteristics or attributes that are shared among a group of things or phenomena.
Punitive Punishment
A form of penalty intended as a sanction for wrongdoing, aimed at deterring future misconduct.
Ideology
A system of ideas, beliefs, and values that shapes a social, political, or economic program.
Corrections Industry
The sector of the economy that deals with the administration and running of prisons, jails, and other facilities for incarcerating individuals.
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