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If planned aggregate expenditure is above potential GDP and planned aggregate expenditure equals GDP,then
Chapter 11
A provision of the United States Bankruptcy Code that allows businesses to reorganize and restructure their debts.
Out-Of-Court Negotiation
A dispute resolution process where parties try to reach a settlement through discussion and compromise without going to trial.
Debtor's Debt
A financial obligation owed by an individual or entity, known as the debtor, to another party.
Clean Air Act
A comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to control air pollution.
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