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The distinction between public and private rights was established in:
Net Wealth
Net wealth represents the total value of all financial and non-financial assets owned by an individual, corporation, country, or other entity, minus any liabilities.
Consumption Function
An economic formula that represents the relationship between total consumption and gross national income, indicating how spending is expected to increase with income.
Price Level
A measure of the average prices of goods and services in an economy at a specific time.
Consumption Function
A mathematical representation showing the link between total consumer expenditure and the gross national income.
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