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What is a SMART goal?
Legal Tender
The officially recognized form of money that must be accepted if offered in payment of a debt.
Federal Reserve Note
The official paper currency issued by the Federal Reserve in the United States, commonly known as the dollar.
Monetary System
The set of institutions and mechanisms by which a country manages its currency and money supply, often involving a central bank and various types of money.
Efficient Economy
An economic system in which resources are allocated in the most productive way, maximizing the output of goods and services.
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