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Private placements
Farmers
Individuals who engage in agriculture, raising living organisms for food or raw materials, primarily working on farms or in the agricultural sector.
Income Elasticity
A measure of how much the demand for a good or service changes in response to a change in the consumer's income.
Inferior Good
A type of good for which demand decreases as the income of the consumer increases, opposite to normal goods.
Negative
In the context of economics, denotes a situation or indicator that reflects a decrease, deficit, or detrimental condition.
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