Examlex
What is a mental construct that expresses enduring principles of what is good or bad and right or wrong?
Budget Deficit
The financial situation where a government’s expenditures exceed its revenue.
Balance Budget
A balanced budget occurs when the total revenues equal total expenditures for a government within a specific fiscal period, eliminating deficits.
Fiscal Policy
Government policies related to taxation and government spending that influence economic conditions.
Fiscal Policy
Government policies regarding taxation and spending that are employed to influence economic conditions, including stimulating or restraining economic growth.
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