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The state of Florida is experiencing a drought that has caused the price of water used by farmers to grow oranges to rise.This will cause a decrease in the:
Government
The organization or system through which a society or community is ruled, often responsible for creating and enforcing laws, policies, and regulations.
Hyperinflations
Extremely high and typically accelerating inflation rates, leading to a rapid erosion of the real value of local currency.
Inflation Tax
The revenue the government raises by creating money
Deadweight Loss
The fall in total surplus that results from a market distortion, such as a tax.
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