Your Text Argues That Several Factors Make It Likely That

question 45

Short Answer

Your text argues that several factors make it likely that social services spending will be a long-term issue in Texas.Why is this the case?

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Definitions:

Lower Unemployment

A condition characterized by a reduction in the number of people who are actively seeking work but unable to find employment.

Higher Inflation

An economic condition characterized by a significant increase in prices and a decrease in the purchasing value of money.

Annual Output

The aggregate sum of products and services generated by an economy or company within a single year.

Standard of Living

A measure of the economic welfare and the quality of life of a population, based on income, employment, class disparity, poverty rate, and housing affordability.