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A phrase is a group of words commonly used together (e.g once upon a time).
a. el desarrollo económico
(m) means that a noun is masculine. Spanish nouns have a gender, which is either feminine (like la mujer or la luna) or masculine (like el hombre or el sol).
The Federal Reserve has been hesitant to raise rates for fear it will stifle economic development.La Reserva Federal ha estado reunente a aumentar tarifas por miedo a reprimir el desarrollo económico.
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