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An increase in immigration would shift the production possibilities curve to the left.
Sales Tax
A tax imposed on sales of goods and services, usually calculated as a percentage of the purchase price paid by the consumer.
Country Population
The total number of people living within the borders of a specific country at a given time.
Stock Variable
A quantity measured at one specific time, representing a certain amount accumulated up to that time.
Money Supply
The total amount of monetary assets available in an economy at a specific time.
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