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If the interest rate was 6 percent, the net present value of $100 to be received one year from now would be
Zoning Laws
Regulations established by local governments determining how property in specific geographic zones can be used, affecting land use, building heights, density, and the nature of the business activity within areas.
Economic Revival
Refers to the process of economic recovery following a period of recession or depression, marked by an increase in production, employment, and consumer spending.
New Federalism
A political philosophy that advocates for the transfer of certain powers from the federal government back to the states, aiming to increase local control and reduce the scope of federal authority.
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