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George believes that the secondary status of minorities is due to their own inferior culture and poor decision making. His beliefs align with the __________ theory.
Real GDP
The measure of a country's economic output (Gross Domestic Product) adjusted for price changes, such as inflation or deflation, to reflect the real value of goods and services produced.
National Debt
The cumulative sum of funds borrowed by a nation's government.
MPC
Marginal Propensity to Consume; the proportion of additional income that a consumer spends on goods and services rather than saving it.
Multiplier
In economics, a factor by which an initial change in spending is magnified or multiplied in the overall economy.
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