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Trans World Airlines (TWA) has a rule for checked baggage, "The total dimensions (length + width + height) may not exceed 57 inches for each bag". What is the volume of the largest volume bag you can check on a TWA flight?
Aggregate Demand
This term refers to the total amount of goods and services demanded in the economy at a given overall price level and in a given time period.
Laissez Faire
An economic policy or attitude of letting markets operate without government interference or regulation.
Recessions
Periods of temporary economic decline during which trade and industrial activity are reduced, typically recognized by a fall in GDP in two successive quarters.
Depression
A severe and prolonged downturn in economic activity, characterized by significant declines in GDP, high unemployment, reduced consumer spending, and deflation.
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