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All power tools are corded and have to be plugged in.
Macroeconomist
An economist who studies broad economic factors affecting the economy as a whole, such as inflation, unemployment, and national income.
Positive Statement
An objective and fact-based statement that can be tested and validated, focusing on describing how the world is.
Normative Statement
An opinion or judgment that suggests how things should be, rather than stating factual or objective observations.
Government Spending
The total amount of money that the government expends on public services and projects, such as infrastructure and defense.
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