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The first step of programmed instruction involves:
National Debt
The total amount of money that a country's government has borrowed, typically as a result of budget deficits over years.
Interest Rates
The expense associated with lending money or the incentive for saving it, typically described as a percent of the total amount per year.
Capital Accumulation
The process of acquiring additional assets or wealth, particularly by businesses or the economy, to create further wealth or produce goods and services.
Fiscal Policy
Government policies related to taxation and spending designed to influence economic conditions, including demand, employment, and inflation.
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