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New technology is an important source of new ideas because it
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, regulating banks, and seeking to ensure financial stability.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and other liquid assets.
Investment
The allocation of resources, such as capital or time, in expectation of generating a profit or income.
Industry Life Cycle
Stages through which firms typically pass as they mature.
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