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The Law That States That at Any Given Time, the Sum

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The law that states that at any given time, the sum of the currents entering a node must equal the sum of the currents leaving the node is known as


Definitions:

Day

A unit of time equal to 24 hours, representing one complete rotation of the Earth on its axis.

Marginal Utility

The added satisfaction or utility gained from consuming an additional unit of a good or service.

Spending

Engaging in transactions to acquire goods or services by spending money.

Income

Earnings accrued from work or investment sources on a consistent basis.

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