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American pronunciation of 

Phi Beta Kappa

view main entry for Phi Beta Kappa noun  /ˌfaɪ ˌbeɪtə ˈkæpə/
British English pronunciation: Phi Beta Kappa
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a description of an economic or political situation based on analysis of information at the present time

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an unregulated form of capitalism that features financial deregulation, privatisation and low tax for high earners

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