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Who created WPA?
Money Demand
The desire to hold cash or cash-equivalents and the quantity of money that individuals or businesses want to hold.
Government Expenditures
The total amount of money that a government spends on public services, infrastructure, defense, and welfare programs.
Business Cycle
The fluctuations in economic activity that an economy experiences over a period of time, characterized by periods of boom and recession.
Marginal Propensity
Marginal propensity, in economics, refers to the fraction of an increase in income that is spent on consumption. It represents the change in consumption resulting from a change in income.
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