Examlex
Oceania is characterized by a remarkable diversity of languages.
Consumption Tax
A consumption tax is a tax on the money people spend rather than the money people earn. It includes sales taxes, value added taxes (VAT), and others.
Means Testing
A method for determining eligibility for certain forms of government assistance based on the applicant's financial means or income level.
National Debt
The total amount of money that a country's government has borrowed, by various means.
Budget Deficits
The situation when a government's expenditures exceed its revenues within a specific period, leading to borrowing or debt accumulation.
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