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Assuming no crowding-out, investment-accelerator, or multiplier effects, how will a $200 billion increase in government expenditures shift aggregate demand?
Ratification
The action of signing or giving formal consent to a treaty, contract, or agreement, making it officially valid.
Emancipation
The process by which a minor becomes legally recognized as an independent adult, free from parental control.
Disaffirm
The legal act of rejecting or nullifying a contract or agreement, often used in the context of contracts entered into by minors.
Institutionalization
The process of establishing something as a norm or standard within a society or organization.
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