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Introduction

Washington Monument

When a budget cut is looming, the Washington monument strategy refers to handing over the most valuable properties to the government.

The Washington monument syndrome also referred to as the mountain peak Syndrome or the firemen fundamentalscould be a term accustomed to describing the phenomenon of state agencies within the US clipping on their most visible or appreciated services when faced with budget difficulties.

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Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364

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