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Write the improper fraction as a mixed number.
Tax Revenue
The income that is gained by governments through taxation, which is used to fund public services, infrastructure, and government operations.
Marginal Rate Of Substitution
The rate at which a consumer is willing to trade one good for another while maintaining the same level of utility.
Marginal Rate Of Transformation
The rate at which one good must be sacrificed to produce one additional unit of another good, holding technology and resources constant.
Economic Outcome
The result of economic activities, often measured in terms of growth, employment, and inflation.
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