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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Angelina and Sarah Grimké
Money Holdings
The amount of cash or liquid assets that a person or entity possesses at any given time.
Money Supply
The whole amount of money resources available in an economy at a given interval.
Equilibrium Value
The price or point at which supply and demand for a good or service are equal, leading to market stability.
Price Level
The average price for every good and service within the current economic landscape.
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