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An rational,optimizing,self interested consumer would consume up to the point where
Universal Basic Income
A financial support strategy that offers all citizens a regular, unconditional sum of money, regardless of employment status.
Guarantee
A formal promise or assurance that certain conditions will be fulfilled, often related to the quality or durability of a product.
Minimum Monthly Income
The lowest monthly income that an individual or household earns, which can also refer to the minimum wage set by governments.
Government Administration Costs
Expenses associated with the management and operation of government services and functions.
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