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1. Term Definition ! (1) entitlement program (2) welfare economics (3) vertical summation (4) cap-and-trade (5) median voter (6) social insurance programs (7) poverty line

1. Term Definition ! (1) entitlement program (2) welfare economics (3) vertical summation (4) cap-and-trade (5) median voter (6) social insurance programs (7) poverty line (8) marginal tax rate (9) vertical equity (10) centralization ratio

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