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What are the arguments in favor of and against globalization?
Full Employment
A condition in an economy where all accessible labor resources are utilized in the most effective manner.
Expected Rate Of Profit
The anticipated return on an investment, considering potential risks and rewards.
Recessions
Periods of economic decline lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Government Spending
Expenditures by the government sector including spending on goods and services, public works, social services, and transfer payments.
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