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Six basic colors are used in decorating a new condominium. They are applied to a unit in groups of four colors. One unit might have gold as the principal color, blue as a complementary color, red as the accent color and touches of white. Another unit might have blue as the principal color, white as the complimentary color, gold as the accent color and touches of red. If repetitions are permitted, how many different units can be decorated?
Anti-Recession Policies
Government measures intended to combat economic downturns, involving fiscal and monetary actions to stimulate the economy.
Equation of Exchange
An economic equation that describes the relationship between the money supply, velocity of money, price level, and an economy's output.
GDP Rise
An increase in the Gross Domestic Product, indicating growth in the economy and the production of goods and services.
Velocity
In economic terms, the rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period.
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