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The text suggests that enhanced perceptual accuracy would be achieved
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time, indicating improvements in living standards and economic health.
International Competitiveness
The ability of a country to produce goods and services at a lower price and higher quality than its international competitors.
Economic Fluctuations
Variations in the growth rate of an economy over a period of time, characterized by cycles of expansion and contraction.
Regressive Income Tax
A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.
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