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People who hold this type of self-esteem tend to be critical of others, perform poorly in their presence, and feel threatened by superiors.
Market System
An economic system where decisions regarding investment, production, and distribution are based on supply and demand.
Real Income
The income of an individual or group after adjusting for inflation, reflecting the actual purchasing power of the income.
Government Expenditures
Federal, state, and local government outlays for goods and services, including transfer payments.
Rational Expectations
The economic theory that when making decisions, individuals take into account all available information, including their understanding and predictions of the future.
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