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For each historical identification question, define the term and briefly describe its historical significance.
Romulus and Remus
Income Going
The flow of earnings or revenue generated from economic activities or investments over a given period.
Labor Force
The total number of people available for work, including both the employed and those actively seeking employment.
Inflation
A general increase in prices and fall in the purchasing value of money.
Total Output
The total quantity of goods and services produced in an economy over a specified period.
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