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Suppose there is a reduction in government spending.Such a fiscal policy action will cause
Wheat
Wheat is a cereal grain grown worldwide and is a staple food ingredient used for making bread, pasta, cake, and many other food products.
Pure Competition
A market format where there are many sellers presenting the same products, and none of these sellers are able to affect the market price on their own.
Unique Product
A product that is different from others in the market due to distinctive features, design, or attributes that make it stand out.
No Close Substitutes
A market condition where a good or service has no similar alternatives, giving it a unique position and potentially more market power.
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