ability to pay principle : The idea that people should pay taxes in relation to their ability to pay such taxes.
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Absolute advantage : The absolute difference in productivity between countries.
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accelerationist theory : Theory that states that the government can maintain unemployment below the natural rate only at the cost of ever-increasing rates of inflation.
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Acreage allotment : A farm program that sets a limit on the total number of acres that can be placed in production.
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administered prices : A term coined by Gardiner Means to describe price inflexibility in concentrated industries. Means labeled prices that were relatively inflexible, or which change¡¦(»ý·«)
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