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Autotransformers can be used as step-up or step-down transformers.
Discretionary Fiscal Policy
Involves the use of government spending and tax policies to influence the economy, based on current economic conditions and objectives.
Natural Rate
The natural rate is a concept in economics describing conditions where the economy is at equilibrium, with full employment and no inflationary or deflationary pressures.
Aggregate Supply
The aggregate amount of products and services that companies in an economy are prepared and able to offer at a specific general price level during a certain time frame.
Natural Rate
Refers to the equilibrium rate of unemployment or interest where the economy is stable, without accelerating inflation.
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