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In 1899, the Juvenile Court Act created the first
Aggregate Demand
The overall need for goods and services within an economic system at multiple pricing levels, over a certain duration.
Fed Buys Bonds
An action by the Federal Reserve to purchase government securities from the market to increase the money supply and lower interest rates.
Money Supply
The aggregate financial resources within an economy at a given point in time, including cash, coins, and the balances maintained in checking and savings accounts.
Aggregate Demand
The aggregate need for all products and services across an economy at different pricing points, during a defined timeframe.
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