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Why do tides occur? What is the driving force and what factors contribute to this force? Why do most places experience two high tides and two low tides each day?
Fiscal Expenditure
Government spending, including spending on goods and services, welfare, and public works, financed through taxation or borrowing.
Taxes
Taxes are compulsory financial charges or levies imposed by a government on individuals or entities to finance government spending and various public expenditures.
Aggregate Demand-Aggregate Supply Model
A macroeconomic model that explains price level and output through the relationship between aggregate demand and aggregate supply.
Long-Run Equilibrium
Refers to a state in an economy where all factors of production are efficiently utilized, and supply equals demand, leading to stable prices and full employment over time.
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