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In Order to Maintain a Balanced Budget, Congress Has Decided

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In order to maintain a balanced budget, Congress has decided to cut taxes and government spending both by $25 billion.What will happen to GDP?


Definitions:

War of Jenkins' Ear

A conflict between Great Britain and Spain from 1739 to 1748, ignited by the mutilation of the British sea captain Robert Jenkins and representative of broader colonial and trade disputes.

Pursue Freedom

The act or process of seeking or striving for liberty and autonomy in one's life or society, often from oppression or restrictions.

American Colonies

The original thirteen British colonies in North America that declared independence in 1776 to form the United States.

1700s

The 18th century, a period marked by significant changes worldwide, including enlightenment thinking, industrial advances, and the American and French revolutions.

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