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Out-group members
Aggregate Markets
The entirety of all buyers and sellers in the economy, engaging in the trade of goods and services summed across all individual markets.
Unintended Consequences
The unexpected and unplanned results of a decision or action that may not align with the original goals.
Government Programs
are initiatives sponsored by the government aimed at achieving specific social, economic, or political objectives.
Ceteris Paribus
A phrase in Latin that translates to "everything else being constant," utilized in the field of economics to single out the impact of a specific variable while keeping the remainder of relevant elements unchanged.
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