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The branch of economics that examines the functioning of individual industries and the behavior of individual decision-making units is
Consumption Tax
A tax levied on the purchase of goods and services, which can include value-added tax (VAT), sales tax, or excise taxes.
Income Tax
A tax that governments impose on income generated by businesses and individuals within their jurisdiction.
Aggregate Demand
The total demand for all goods and services in an economy at a given overall price level and within a specified time period.
Aggregate Demand
Total economic demand for goods and services within an economy, calculated at a fixed price level during a designated time frame.
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