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What are some of the advantages and disadvantages of a distributed database?
Total Income
The sum of all earnings received by an individual or entity, including wages, salaries, benefits, and other forms of compensation.
Total Expenditure
The total amount spent on goods and services over a specific period.
Circular-Flow Diagram
A visual model of the economy that shows how dollars flow through markets among households and firms.
Supply and Demand
The fundamental economic model describing how prices fluctuate based on the interplay between the quantity of a good available and the desire for that good.
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