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If the multiplier is 5,the marginal propensity to consume must be 0.8.
Reserved Powers
Reserved powers are those powers which are not written down or assigned by law or constitution but are assumed to exist due to their necessity in governance.
National Government
The organization and institution that possess the political sovereignty and control for a nation or country.
Slavery
A system in which individuals are owned by others, deprived of personal freedom, and forced to work.
Supreme Court
The highest federal court in the United States, with ultimate appellate jurisdiction over all federal courts and direct jurisdiction over some types of cases.
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