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figure 30.15
-What is the dependent variable in figure 30.15?
Government Policies
Measures and regulations implemented by a government to influence economic, social, or administrative outcomes in the country.
Government Intervention
Actions taken by a government to influence or directly control economic activities, often to correct market failures or promote economic stability.
Promote Efficiency
To enhance the effectiveness and productivity with which resources are used, minimizing waste and maximizing output.
Foreign Competition
Competition that domestic companies face from abroad, from foreign companies offering the same or similar products or services.
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