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What consequences did the Monroe Doctrine and Roosevelt Corollary have for Guatemala?
Price Decreases
A reduction in the cost at which goods and services are sold in the market.
Net Seller
An individual or entity that sells more of a security, commodity, or other assets than they buy in a given period.
Quasilinear Preferences
Preferences where the utility function is linear in one argument, often money, which allows for easy analysis of changes in welfare from different quantities of goods.
Consumer's Surplus
The variance between what consumers are prepared and capable of spending for a product or service and the actual sum they end up paying.
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