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Early 1980s
This time period refers to the years from 1980 to 1983, often characterized by significant economic, political, and cultural events globally, including recessions and the early years of the personal computer era.
Check-cashing Outlets
Financial services locations where individuals can cash checks without having a bank account, often for a fee.
Multiplier
In economics, the factor by which gains in total output are greater than the change in spending that caused it, especially in the context of fiscal policy.
MPC
Marginal Propensity to Consume, indicating the increase in personal consumer spending (consumption) that occurs with an increase in disposable income.
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