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The Supreme Court has held that obscene speech and are not protected by the First Amendment and may be forbidden by the government.
Equilibrium Interest Rate
The interest rate at which the quantity of money demanded equals the quantity of money supplied, stabilizing the economy.
Loanable Funds
Refers to all the money available for borrowing in a nation's economy, which comes from savings and is used for loans and investments.
Shifted
Shifted refers to the change in position, direction, or tendency of an object, market demand/supply curve, or another measurable factor.
Income Tax
A tax imposed by the government on the income earned by individuals and businesses within its jurisdiction.
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