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On deductive arguments.
-If an argument is valid, then it must have at least one true premise.
European Recession
A period of temporary economic decline during which trade and industrial activity are reduced, specifically within European countries.
Net Exports
The difference between a country's total exports and total imports.
Aggregate Demand
The overall call for goods and services in an economic setting, quantified at an established aggregate price level during a specific time span.
Government Purchases
Government purchases include spending on goods and services by the government that is part of the nation's gross domestic product (GDP).
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