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when the demand for goods and services increases and the production remains the same or does not increase as quickly.
(from trade) the country is better off if it trades than if it does not trade.
the reduction in the quality of the land; the vegetation cover and soil moisture caused by the...
a method of calculating personal income tax where those who earn more pay a higher percentage of...
(in economics) amounts that are added to the circular flow of income and expenditure in the...