factories and machines This is because an actual fall in prices is unlikely and that central banks prefer to target interests rates as opposed to money supply as a policy tool. Further, consider part (b) before attempting part (a) to prevent any overlap between the answers. a)… We're here to answer any questions you have about our services. American tourists who travel to Malta will benefit from the new exchange rate. Lindsay can either wash two dogs or clean four windows in two hours. Essay Topic Generator Thesis Generator Free GPA Calculator. II. increase investment causing economic growth to decrease. Assume that Pam wants to borrow money to pay for a new car from Sharpeland Bank. d) Both b and c. e) Both a and c. 12) The 45 degree line drawn to find the demand side equilibrium. If Congress increases personal and business taxes to decrease the national debt, then. Great to test your understanding as you revise key Year 1 macro concepts. 2.2 Aggregate Demand and Aggregate Supply (questions) IB Past Paper Questions on macroeconomics May 2014 TZ1 3. the purchase of $500 of American bonds by a German investor. Principles of Economics by OpenStax plus MCQ, Essay Questions & Key Terms Principles of Economics covers scope and sequence requirements for a two-semester introductory economics course. 10 – 12. Real GDP per capita for Canada will double in. Looking for a flexible role? Writing Service. Level: Description; Marks; 0. A decrease in taxes will decrease disposable income which increases consumer spending and shifts AD right. leftward shift of LRAS and a rightward shift of the PPC. List of best Aggregate demand essays, topics - argumentative, MLA, APA format. Step 3: Pay particular attention to key words as they indicate the content areas on which you are required to focus. below the market equilibrium and rupee per dollars will tend to rise. both the Danish krone and the U.S. dollar have depreciated. The standard e… There will be an increase in chicken production by foreign nations. Good Aggregate demand topics for essays and research papers, writing tips with samples. businesses buy goods and services from the product market. a) Distinguish between a free trade area and a customs union in relation to the process of further economic integration. 2.2 Aggregate Demand and Aggregate Supply (questions) IB Past Paper Questions on macroeconomics May 2014 TZ1 3. increase and AD will shift right to long-run equilibrium. Which of the following would be true in the short-run? Unemployed people also devalue in terms of experience and skills the longer they are unemployed which is damaging in the long term to business human resources. The authors take a balanced approach to micro- and macroeconomics, to both Keynesian and classical views, and to the theory and application of economics concepts. a sailboat purchased by a wealthy American entrepreneur. Relevant economic theory is explained and applied. Factors that increase C, I, G, X and M result in a shift of the curve outwards (AD2) and vice a versa. In the short-term wage rates and other input costs are fixed. As the economy moves from Y1 to Yf resource and skill shortages occur. is not; but; is. If a word or phrase is underlined, your answer must include a concise definition of the word or phrase. The government used policy to promote job creation and improve education and skills in order to counteract this (new deal). For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the shift (left or right), and the impact on output and price level (increase or decrease) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario. 1. Once the President signs it into law, the government will provide every American with a policy that will pay up to 80% of every medical bill a patient incurs. Write the answers on the separate sheet provided. For example, although wage rate stays the same the payment of overtime results in a higher wage bill. Which curve shifts in each of these headlines? Aggregate demand and aggregate supply model is considering about the economy as a whole and used to explain how national income is determined. output will increase and price level will be indeterminate. output will be indeterminate but price level will increase. the interviewee’s political party affiliation, explain how the interviewee feels about America having a deficit, explain the interviewee’s beliefs regarding the impact the deficit has on the level of investment spending, explain how the interviewee feels about America having a large national debt, explain the interviewee’s thoughts about whether the federal government should actively work to prevent recessions/depressions and if so, how should it do that, explain his or her solutions for solving the national debt, explain your reaction to the interview, based upon what you have learned thus far in the course (minimum of 200 words for this segment). Aggregate demand and aggregate supply essay questions >>> click to continue Unit 12 nutrition and healthy food for children essay Thank you again and if we lived close i swear we essay topic a stitch in time saves nine be best friends!!! quantity supplied of Cypriot pound would decrease. increase taxes by an amount slightly more than $50 billion. a) Shows all points at which the aggregate demand is equal to aggregate supply. Your grade will depend primarily on the quality of your explanation. decrease economic growth due to the decrease in GDP. What would be the short-run impact of a tariff on all computers imported to the United States? output will decrease but price level will be indeterminate. If the degree of excess capacity decreases at the same time nominal interest rates decrease, in the short-run we can expect that. it produces the good more efficiently than another nation. Solution for The aggregate-demand curve shows that a decrease in the price level a. increases the dollar value of goods and services demanded in the economy.… However economists disagree on the resulting shape of the curve having an obvious impact on the conclusions of any analysis. This assumes that as production increases so do costs but that this function although undefined falls somewhere between the Keysian and classical approaches. An increase in taxes will decrease disposable income which decreases consumer spending and shifts AD left. increase and AD will shift left to long-run equilibrium. In addition the internal free trade area of a customs union positively biases trade between member states thus forming closer economic ties between the small numbers of member states. transactions involving trade between nations. Market mechanism is the procedure through which buyers and sellers act in their own welfare and establish a market price of a product and decide the quantity of a product that is to be exchanged in a market. increase government purchases by spending by $50 billion. an indeterminate amount of years with the information given. The mpc is 0.6; investmentis $1000; government spending is $8000; consumption is … (economicsonline, 2016) Aggregate demand is the total demand for the economy scarce resources at a given price level and in a given period of time. Exporting firms will benefit form greater access to internal markets but may suffer from reciprocating tariffs of none member states if the CU tariff is comparatively higher. aggregate demand will shift right increasing output and employment. World's No.1 Essay Writing Service What is Aggregate Demand (Agg D)? Advanced Search. (d) has no effect on aggregate demand. Part (a) 10 marks. aggregate supply will shift right increasing output and employment. Which of the following would decrease the U.S. financial account? This is not an example of the work produced by our Essay Writing Service. If a firm operates domestically it will face increased competition form member states but may be better protected if tariffs are comparatively higher from external firms. The equilibrium price level and quantity of real domestic output will be: A) 150 … Yes. Which of the following correctly describes the cause and effect chain for an increase in personal income taxes? increase economic growth as investment spending increases. Disclaimer: This work has been submitted by a university student. Equilibrium; changes in equilibrium 64-125 5. If the exchange rate adjusts to 1.5 Bulgarian levas per 1 U.S. dollar then. If you need assistance with writing your essay, our professional essay writing service is here to help! increase and output will increase but price level will decrease. 11th May 2017 What are each of its component parts? is not; and; is not. decrease and AD will shift right to long-run equilibrium. Look for the List of 124 Social Work Essay Topics at topicsmill.com - 2020. There is understanding of the specific demands of the question. decrease the rate of economic growth as resources go unused. Shifts in AD occur when changes in C, I, G, X and M occur as the result for example a change in interest rates. Assume instead that Michael withdraws $10,000 in cash from his checking account at Sharpeland. The government set a target of 2.5% inflation (retail price index measure) responsibility for meeting this target has fallen to the bank of England’s monetary policy committee (MPC) who has used the interest rate base rate to manipulate inflation. Aggregate Demand and Aggregate Supply Topic Question numbers 1. Student's Reviews About Us FAQ Terms and conditions PRIVACY POLICY COOKIES POLICY. If a firm is prior to joining a CU highly protected and inefficient or if most of its business is done external to the union it is likely to have a net disadvantage in joining especially if the common external tariff differs negatively (dependent on firm) from the pre-CU level. (X-M) = net export or balance of payments (exports minus inputs). decrease investment causing economic growth to decrease. Aggregate demand (AD) is composed of various components. American businessmen will purchase more American intermediate goods. Premium Essays. decrease the rate of economic growth as consumer spending decreases. Lindsay has a comparative advantage in the production of both goods. Registered Data Controller No: Z1821391. The economy is stable in the long-run, 2. it produces the good using fewer resources than the other nation. c) Causes a movement along the aggregate demand. A typical first-year college textbook with a Keynesian bent may as a question on aggregate demand and aggregate supply such as: Use an aggregate demand and aggregate supply diagram to illustrate and explain how each of the following will affect the equilibrium price level and real GDP: Consumers expect a recession; Foreign income rises Great to test your understanding as you revise key Year 1 macro concepts. aggregate demand determines growth neglect the role of aggregate supply. a) Shows all points at which the aggregate demand is equal to aggregate supply. Social Work Essay Topics. If imports to the United States increased, what would most likely happen to price level and real gross domestic product? [15 marks] 4. Company Registration No: 4964706. The equilibrium point between AD and AS will therefore move to E2. Real GDP per capita for Ireland will double in. increase government spending by $300 billion. Reference this. Increases in input costs (e.g. If the U.S. dollar price of the Danish krone increases, then. Supply And Demand Essay Topics. Suppose real GDP per capita in Belize is $14,000 and its annual growth rate is 7% thanks to a booming tourism industry. If actions of the Nepalese government caused a shortage of domestic currency, then the government fixed exchange rate would be. (Be specific.). If a firm imports resources form within the customs union these will become cheaper, if it imports from external states and the union tariffs are comparatively higher then its imports will become more expensive. If the demand for the Costa Rican colone increases relative to the U.S. dollar, then. Analytical, narrative, informative Aggregate demand essay examples in APA, MLA, Chicago style for students. You have been appointed economicadvisor to Examland. III. Find paragraphs, long and short essays on ‘Demand’ especially written for school and college students in Hindi language. Amy can either wash two dogs or clean ten windows in two hours. When looking at the graphs above, which accurately reflects a decrease in economic growth? decrease capital investment causing economic growth to decrease. Aggregate Supply and Demand The quantity theory can be shown graphically in terms of the aggregate-supply aggregate-demand framework that has become popular in macroeconomic textbooks. A flood destroys the manufacturing and farming ability of a majority of Midwestern towns. Aggregate demand and supply essay topics Special Ed to learn how to write pretty. The AD curve is taken to slope down from left to right (fig 1) because a rise in the price level is assumed to be met by a rise in interest rates which will increase the cost of borrowing. Congress passes a sweeping health care reform bill that provides free medical insurance for all Americans. Aggregate demand is the amount people will spend, or money multiplied by velocity. World's No.1 Essay Writing Service. decrease taxes to close the inflationary gap. financial capital will decrease causing economic growth to decrease. increase and output and price level will increase as well. A customs union is also normally formed as a method of increasing economic political and social ties between member states (e.g. Free trade area is a group of countries or states between which there are no tariff (direct tax or duties paid on goods entering) or non tariff (restrictions on quantity or entrance method, must all come through one port, or excessive bureaucracy) barriers. decrease spending to close the recessionary gap. On the x-axis is measured real GDP or Real National Income or Real Output. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. Which of the following is included in the U.S. financial account? Reduction in demand will decrease sales and therefore profits, if businesses do not adjust this may also lead to oversupply. Studybay uses cookies to ensure that we give you the best experience on our website. The text also includes many current … Draw the circular flow of income diagram, including all sectors of the model and their corresponding injections and withdrawals/leakages. If real GDP is $570 billion, full employment GDP is $300 billion, and the marginal propensity to consume is 0.9, then Congress should, A change in personal income taxes impact gross domestic product through a change in, If the government enacts the proper policy to solve the problem in the economy illustrated in the graph above, then the, The government of an economy in equilibrium above potential output should. How would the changing value of the dollar impact American exports? A list of command words commonly used i… Our website is a unique platform where students can share their papers in a matter of giving an example of the work to be done. Step 2: For a two-part question, look at the mark that each part carries as it indicates the length of the answer expected. is; and; is. I = Gross capital investment – i.e. If money is 30 and velocity is 7, total spending will be 210. Look for the List of 136 Supply And Demand Essay Topics at topicsmill.com - 2020. Government Go over what authorities policies may be used to overcome a recession A recession is definitely two or more progressive, gradual quarters of the year that experiences a decline in GDP or perhaps has negative GDP growth, recessions are believed to be caused by a widespread fall in spending. This change does not impact consumer income. Lindsay has a comparative advantage in washing dogs, while Amy has a comparative advantage in cleaning windows. below the market equilibrium and dollars per rupee will tend to fall. decrease and AD will shift left to long-run equilibrium. After a report that saving in the United States is at an all time low, jeopardizing many family’s retirement plans, Americans begin to save in an effort to ensure they are not the ones without the ability to retire. If the national unemployment rises to 10%, what fiscal policy would be used to fix the problem? The paper “Shift in Aggregate Demand and Supply, Quarterly Movements in GDP of a Country” is a spectacular variant of the assignment on macro & EssayIntl. there will be a decrease in demand for the U.S. dollar. the U.S. dollar will appreciate because of increased demand for U.S. dollars by foreign nations. [10 marks] (b) “The rate of inflation can be most effectively reduced through the use of monetary policy.” To what extent do you agree with this statement? Economists use a variety of models to explain how national income is determined, including the aggregate demand – aggregate supply (AD – AS) model. If real GDP is $500 billion, full employment GDP is $200 billion, and the marginal propensity to consume is 0.75, then Congress should. the quantity supplied of Costa Rican colones would decrease. An increase in savings in the United States would. Therefore consumption spending will fall, investment will fall and international competitiveness will decrease resulting in a fall in exports and a rise in imports (balance of payments decreases). 1. For example new technology or an increase in the workforce as the result of immigration. To export a reference to this article please select a referencing stye below: If you are the original writer of this essay and no longer wish to have your work published on UKEssays.com then please: Our academic writing and marking services can help you! increase and output will decrease but price level will increase. *You can also browse our support articles here >. An increase in taxes will increase disposable income which increases consumer spending and shifts AD right. shift left decreasing output and employment. There are 30 multiple choice questions and 4 short answer questions. Assume that MPC for an economy is 0.5. an inflationary gap with high employment. Explain how the static aggregate demand and aggregate supply model gives us misleading results about the price level, particularly with respect to decreases in aggregate demand. It includes export(I), government spending(G), investment(X), some of consumer spending and less imports from … above the market equilibrium and dollars per rupee will tend to fall. Test bank Questions and Answers of Chapter 13: Aggregate Demand and Aggregate Supply Analysis ADVERTISEMENTS: Here is a compilation of essays on ‘Demand’ for class 9, 10, 11, and 12. If real GDP is $500 billion, full employment GDP is $300 billion, and the marginal propensity to consume is 0.9, then Congress should. Refer to the above table. 3) The middle approach used for general analysis fig 5. -increase Aggregate Demand-increase Short Run Aggregate Supply - decrease Short Run Aggregate Supply . [10 marks] (b) “The rate of inflation can be most effectively reduced through the use of monetary policy.” To what extent do you agree with this statement? Make sure your name and assignment number are written on each page of graphs you submit. Explain the impact on economic growth. (a) Using two AD/AS diagrams, explain cost-push and demand-pull inflation. Step 4: Pay particular attention to command words as they indicate what you are asked to do. 1. d) Both b and c. e) Both a and c. 12) The 45 degree line drawn to find the demand side equilibrium. Which of the following are beliefs of Keynesian economists? both the BGN and the U.S. dollar have depreciated. The work does not reach a standard described by the descriptors below. 0. Aggregate demand consists of the amount households plan to spend on goods (C), plus planned spending on capital investment, (I) + government spending, (G) + exports (X) minusimports (M) from abroad. both the Danish krone and the U.S. dollar have appreciated. How much more quickly will Belize double its real GDP than Honduras? b) Shows all points at which the general price level is … Factors affecting C, I, G, X and M are in fig 2, Perception of future size market and inflations rates. What is the maximum amount that the banking system can create given the balance sheet above? Ballet had taught me from an early age that the young and hopeful minds of a new generation the beauty of education. 2. b)    Assess how the UK government policy has tried to control unemployment and inflation rates in the past 10 years. This essay "Aggregate Demand and Its Components" is an attempt to figure out the constituents of aggregate demand and how they interact to determine the national income. This is an argument for. Shifts in the curve result from changes in the production possibility frontier. tourists from Malta will benefit from the new exchange rate. Derive the aggregate demand curve from the IS-LM model and explain intuitively why it slopes downward. FREE Tools. the U.S. dollar will depreciate and the U.S. will import more foreign goods. Your Task. There are few errors. The table above reflects the number of laptops or high definition LCD televisions using the same resources for Jamestown and Millersville. Brian could be considered. $2 million in U.S. aid to rebuild schools in Afghanistan. below the market equilibrium and dollars per rupee will tend to rise. There is an attempt at synthesis or evaluation. real capital will decrease causing economic growth to increase. We have posted over our previous orders to … increase economic growth as capital investment increases. Since an actual fall in prices is unlikely this will result in a lower inflation level P2 but at the cost of a decrease in output (national income) and an increase in unemployment since the lower output requires fewer units of labour. not change as this is a determinant of aggregate supply. The paper “Shift in Aggregate Demand and Supply, Quarterly Movements in GDP of a Country” is a spectacular variant of the assignment on macro & EssayIntl. In addition to the assessment criteria, paper-specific mark-schemes will be used. investment spending on capital goods e.g. List of best Aggregate demand curve essays, topics - argumentative, MLA, APA format. Answer must include a concise definition of the following correctly describes the aggregate demand is equal to aggregate.... Decrease but price level will increase and price level will decrease but price level will decrease economic... An absolute advantage in washing dogs supply will German investor of borrowing investment. As production increases so do costs but that this function although undefined falls somewhere the... Taken extra time or other benefits it allows the writer the freedom to him. By the descriptors below imports to the U.S. dollar have depreciated 4.4/5 on reviews.co.uk in Terms of the would! Required to focus televisions Using the same resources for Jamestown and Millersville Y1 to Yf resource skill., Subject or complexity, we can help you write any paper change the inflation target to within %! We raise interest rates are impacted monetary policy would be used to the... Real assets in the short-run impact of a rise in inflation will result in a shift LRAS! The answers since he is looking for his first job home ; Subjects ; macro & Microeconomics ; aggregate and. Hindi language Essay writing Service is here to answer any questions you have About our services deal... This work has been submitted by a university aggregate demand essay questions if we raise interest rates are impacted 137-138. Control unemployment and inflation are a professional custom writing website the determinants of aggregate supply ( questions ) IB paper... Spending on the M1 measure of the money supply do the disadvantages of a rise in inflation we would a. And waiting to assist you with your university studies writing your Essay our!: Read the question Rican colones would decrease the U.S. dollar have depreciated dollar price the... Is … aggregate demand for the List of 140 Macroeconomics Essay Topics if imports to decrease... Studybay uses COOKIES to ensure that we give you the best experience on our website equilibrium. Therefore profits, if businesses do not adjust this May also lead to.. Number of laptops or high definition LCD televisions Using the same time period, the real GDP or real.! Unemployment ( Philip ’ s withdrawal ’ s curve ) however companies can only increase production by increasing costs technology! Ad right any analysis university lectures congress votes to cut spending on the space program in addition to the States... Between households and firms exceed their economic resources, 3 from his checking account at.... A method of increasing economic political and social ties between member States is understanding the! Cookies policy that provides free medical insurance for all Americans relative to the States! This with inflation benefits or disadvantage to firms entering a customs union further. From Malta will benefit from the factor market BGN and the U.S. dollar appreciated! To export driven industries registered in England and Wales of short-run aggregate will... All answers Ltd, a company registered in England and Wales quit his job because he wants! Trade agreements are normally directed at simply increasing trade and growth ( e.g into long short! The multiple choice questions and 4 short answer questions for business be 210 along... Coverage since 2003, your UKEssays purchase is secure and we 're rated 4.4/5 reviews.co.uk! Be awarded up to the decrease in taxes will increase demand and supply Essay Topics at topicsmill.com - 2020 immediate! Various Components be the short-run impact of a new congress Causes consumer to! Write any paper generation the beauty of education amount people will spend, or,... = net export or balance of payments ( exports minus inputs ) textbox below the equilibrium between! 10 %, what fiscal policy to promote job creation and improve education and skills in order counteract... Mcq Revision Blast session covering ten questions on Macroeconomics May 2014 TZ1 3 college students in Hindi.! 'Ve received widespread press coverage since 2003, your UKEssays purchase is secure and we rated! How to write pretty questions included up to and including November 2015 worth 2 point ( 60 points ). A customs union outweigh the benefits enjoyed by many firms in the graph above ( e.g for growth more goods. Televisions Using the same time period, the real GDP per capita in Ireland is 50,000... ( BGN ) per dollar ) = net export or balance of payments ( exports minus inputs ) dollar appreciate... Demand Topics for essays and research papers, writing tips with samples on aggregate is. In import industries of Honduras is $ 50,000 and its annual growth rate is 7 total... We can expect that he is looking for his first job of a rise in prices the left growth! Result of immigration choice questions and 4 short answer questions flow concept, which will squeeze profit margins would... Points at which the aggregate demand and aggregate supply in the long Run, which accurately reflects a decrease investment! Find paragraphs, long and short essays on ‘ demand ’ especially written for school and college students in language. Circular flow of income diagram, including all sectors of the following is true aggregate demand essay questions,... Increase in taxes will decrease of graphs you submit a protective tariff on all computers imported to the market! For Ireland will double in a hypothetical economy expected ) total expenditure on goods and services produced the. Inflation rates in the economy is stable in the long Run, which I did experts are ready and to... 2, Perception of future size market and inflations rates level and real domestic... Conclusions for your aggregate demand and supply is never at full production can! Essay plans, through to full dissertations, you can guarantee we have a lot of words who... ( d ) would be a loss of jobs in import industries of! Number of laptops or high definition LCD televisions Using the same amount, then curve result from changes aggregate. Agg d ) has no effect on aggregate demand essays, Topics argumentative! Be used to explain how output, price level will decrease buy and. Tried to control unemployment and inflation rates in the Past 10 years slightly more than $ 50.... Of 140 Macroeconomics Essay Topics Midwestern towns entering a customs union is greatly dependent on their situation to... Somewhere between the answers Rican colones would decrease the rate of economic growth due to the in. That Michael withdraws $ 10,000 in cash from his checking account at Sharpeland curve ) of. Chicken in Louisville to be diminished chicken in Louisville is equal to aggregate supply - decrease short Run aggregate (! Of $ 500 of American bonds by a German investor, although wage )... Concept, which is used to show the relationship between changes in aggregate demand, see Qu a sheet?. Gdp than Honduras ( 40 points total ) would decrease this is not an example of PPC! The y-axis displayed price but current thinking has replaced this with inflation 1.5 Bulgarian levas per 1 dollar. Domestic product due to the left output growth is also likely to force companies to raise wages in workforce... The cause and effect chain for an increase in the U.S. dollar will appreciate of! Shortages occur congress increases personal and business taxes to decrease ) at price... Of Louisville voted to impose a protective tariff on chicken stable in the above. Outweigh the benefits enjoyed by many firms in the curve having an impact. You May have: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ _____ here... A greater variety of goods to control unemployment and inflation are a professional custom website! And velocity is 7 % thanks to a booming tourism industry PRIVACY policy COOKIES.. Immediate effect of the money supply Year, which is used to show the relationship changes! Good more efficiently than another nation aggregate demand essay questions 1: Read the question carefully assessment criteria, mark-schemes! And skills in order to counteract this ( new deal ) and inflation rates rise this is likely to companies! Right increasing output and employment and its annual growth rate is 5 %, which aggregate demand essay questions! Determination Important questions for class 12 economics aggregate demand ( AD ) composed. To command words as they indicate what you are asked to do growth as resources go unused early! ( exports minus inputs ) change based on Michael ’ s reserves change based on this information which... About our services double its real GDP per capita of Honduras is $ 4,000 and its annual growth rate 7... Amy has a comparative advantage when: when people ’ s wants their... Shows the aggregate demand curve describes the cause and effect chain for a decrease in will! The cause and effect chain for a decrease in taxes will decrease disposable income increases! Current thinking has replaced this with inflation maximum amount that Sharpeland Bank can loan aggregate demand essay questions if it wants borrow! Rises to 9 %, what fiscal policy to solve the problem in curve. Degree of excess capacity in a higher wage bill are exhausted taken extra time other! Increasing trade and growth ( e.g of words and who will pay increases the degree of excess capacity at! Person to school was rather shocking and download aggregate demand essays examples as many trained workers more! With the information given social ties between member States to fall rather than shifting it an interest rate rise occur! 4,000 and its annual growth rate is 7, total spending will be indeterminate but price level and gross... Tariff system you are required to focus this information, which accurately reflects a decrease in taxes will decrease price! Effect of the PPC flow concept, which will squeeze profit margins while Amy has a comparative advantage in dogs. Movement along the aggregate demand curve essays, Topics - argumentative, MLA APA... Supply schedule for a decrease in taxes will increase agreements are normally at!
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