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Suppose that consumers become pessimistic about the future health of the economy.What will happen to aggregate demand and to output?
What might the government have to do to keep output stable?
Government Benefits
Various forms of financial support or services provided by the government to individuals, such as healthcare, social security, and unemployment aid.
Paradox Of Voting
The phenomenon that questions the rationality of voting, considering that the probability of one vote changing the outcome of an election is very low.
Political Corruption
The unlawful misdirection of government resources, or actions that occur when government officials abuse their entrusted powers for personal gain.
Governmental Resources
Resources managed or owned by the government, including financial, natural, and human resources, used to provide public services.
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