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The Truth in Savings Act
Elastic
A characteristic of a good or service with demand or supply that is sensitive to changes in price, meaning the quantity demanded or supplied changes significantly.
Supply-side Economics
An economic theory that argues economic growth can be most effectively fostered by lowering taxes and decreasing regulation to increase production.
Tax Cuts
Reductions in the amount of taxes imposed by a government, often aimed at stimulating economic growth by increasing disposable income or encouraging investment.
Labor Supplied
The overall time period that workers consent to and can offer to work, in exchange for an established rate of pay.
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