Examlex
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Aggregate Supply
The nation’s total output of goods and services.
Depression
A severe and prolonged downturn in economic activity, characterized by significant decline in GDP, high unemployment, and deflation.
Supply-Side Economists
Economists who believe that reducing tax rates and regulatory burdens on producers can stimulate investment, increase supply, and lead to economic growth.
Tax Rates
Tax rates are the percentages at which individual or corporate income is taxed by the government.
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