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When Inflation Rises,people

question 35

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When inflation rises,people


Definitions:

Ratify

To confirm by expressing consent, approval, or formal sanction.

Contract

A legally binding agreement between two or more parties outlining specific obligations and rights, which, if broken, can result in legal consequences.

Agreement

A mutual understanding or arrangement between two or more parties outlining their respective rights and obligations.

Agents

Individuals or entities authorized to act on behalf of another, known as the principal, in dealings with third parties.

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