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How did the philosophies and actions of the medieval papacy influence European development? What other institutions did its particular development influence and alter? How, why, and with what results?
Income Stream
A regular flow of money from an investment, property, or other financial assets.
Real Interest Rate
The interest rate adjusted for inflation, reflecting the real cost of borrowing or the real yield on savings.
Perfect Substitute
Two or more goods that can be used interchangeably with no loss of utility by the consumer.
Consumption
The process or activity of using goods and services, reflecting the end-use of products that directly satisfies human needs or desires.
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