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Even with the collapse of the Soviet Union's status as superpower in the early 1990s, there still existed a communist nation that was a crucial market for U.S. goods and products, given that it contains one-fifth of the world's population. Which nation was this?
Stimulus Package
A set of government spending policies or tax cuts designed to boost economic activity and stimulate growth during or after a recession.
Unemployment Rate
The ratio of workers in the labor force who are unemployed and on the hunt for a job.
Inflationary Pressure
Situations or conditions that lead to an increase in prices across the economy, possibly reducing the purchasing power of money.
Market Interest Rate
The prevailing rate of interest available in the loanable funds market, influenced by supply and demand for credit, central bank policy, and investors’ expectations.
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