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What is perceived when all types of cones are simultaneously and equally active?
Tennessee Valley Authority
A federally owned corporation in the United States created in 1933 to provide navigation, flood control, electricity generation, and economic development to the Tennessee Valley, a region particularly affected by the Great Depression.
Invisible Hand
A concept introduced by Adam Smith to describe the self-regulating nature of the market economy driven by individuals' pursuit of their own self-interest.
Government Involvement
The extent to which the government intervenes in the economy, which can range from regulation and tax policy to direct control or ownership of businesses.
Self-Interest
The driving force in economics that motivates individuals to pursue their own objectives and desires, often leading to economic activity and exchanges.
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