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Suppose consumers spent $42 million on Christmas trees last year,when the average tree cost was $30.This year they spend $42 million,when the average tree costs $25.Assume that everything else remains constant.This data suggests that _____
Internal Improvements
Government-funded public works, such as roads, bridges, and canals, aimed at improving the infrastructure and economic development of a nation.
Younger Federalists
Members of a younger generation within the Federalist Party, which was a first American political party advocating for a strong national government.
Democratic-Republican Policy
pertains to the early political ideology in the United States that championed states' rights and an agrarian-based economy, opposed to the Federalist focus on centralized federal government and commerce.
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