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If a 1 percent decrease in price results in less than a 1 percent increase in the quantity demanded, demand is
Immigrants
Individuals who move from one country to another, either temporarily or permanently, for various reasons such as employment, education, or safety, often facing legal, social, and economic adjustments.
United States
A country in North America consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its strong economy, diverse culture, and influence on global affairs.
Entitlements
Government programs providing guaranteed benefits to a particular group, such as Social Security or Medicare.
Federal Program
A program funded by the federal government to provide services, aid, or projects in various sectors such as education, health, and transportation to states and local governments or directly to individuals.
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