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An OTA is meeting with a client who is in the process of changing her lifestyle in order to lose weight. The client seems very overwhelmed with this process and is unsure where she should start. What can the OTA suggest to the client as a first step?
Budget Act
Legislation outlining how the government will manage its finances, including spending and revenue collection.
Fiscal Policy
Economic strategies involving tax and expenditure decisions by the government to affect the national economy.
Deflationary Gap
A situation in which the total spending in an economy is lower than the necessary amount to achieve full employment or potential output.
GDP
Gross Domestic Product, the total value of all goods and services produced within a country over a specified period.
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