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When the level of activity increases within the relevant range,how does each of the following change?
Informal Relations
Interactions and connections between individuals or groups that are not governed by formal rules, structures, or procedures, often based on personal or community ties.
Keynesian Economics
An economic theory proposed by John Maynard Keynes, suggesting that government intervention through public policies can influence macroeconomic productivity and stabilize economies.
Neoliberalism
An ideology and policy model emphasizing free-market capitalism, deregulation, and reduction in government spending.
Global Economy
An interconnected world economic system in which goods, services, and labor move across national boundaries with minimal restriction.
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