Examlex
The requirements of linear programming problems include an objective function, the presence of constraints, objective and constraints expressed in linear equalities or inequalities, and ________.
Crowding Out
A situation in economics where increased public sector spending reduces or eliminates private sector spending.
Budget Deficit
A budget deficit occurs when a government's expenditures exceed its revenues within a specified period, leading to a need for borrowing to finance the shortfall.
Interest Rates
The cost of borrowing money, expressed as a percentage of the amount borrowed.
Loanable Funds Market
The hypothetical market that illustrates the interaction between borrowers who demand loanable funds and lenders who supply loanable funds, determining the equilibrium real interest rate.
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