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Federal Agent Smith has been investigating a group believed to be agents of a foreign power involved in international terrorism. Agent Smith discovered that this group has been involved in three prior plots to smuggle weapons of mass destruction into the United States, but in each incidence their contacts failed to deliver the weapons. Agent Smith has filed several requests for court orders based on statutes that were originally part of the USA PATRIOT Act. Agent Smith wants permission to install wiretaps on phones used by the group. What court should this request be submitted to?
Free Market Equilibrium
A state in an economy where supply meets demand naturally without intervention, and prices are determined by free market forces.
Price Controls
Government-imposed limits on the prices that can be charged for goods and services in a market.
Consumers Gain
The benefit or surplus that consumers receive from purchasing goods and services at a price lower than their maximum willingness to pay.
Own Price Elasticity
The responsiveness of the quantity demanded of a good to a change in its own price.
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