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Under the federal structure first implemented in the Constitution,the people would directly elect
Buyers
Consumers or organizations that acquire products or services for direct use or ownership.
Sellers
Individuals or entities that offer goods or services for sale in a market.
Deadweight Loss
The reduction in economic productivity that happens when a market for a product or service fails to reach or cannot reach equilibrium.
Gasoline Tax
A specific tax levied on the sale of gasoline, often implemented to fund transportation-related projects and to encourage fuel efficiency considerations among consumers.
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