Examlex
__________ are simple, inborn responses elicited by specific stimuli.
Public Saving
The difference between tax revenues and government expenditures, typically representing the amount of surplus funds the government has.
Closed Economy
An economic system that does not engage in international trade, instead relying on its own internal markets for goods and services.
Accounting Identity
An equation that must always be true due to the way variables are defined, commonly used in economics and accounting to reflect the balance between different components.
Tax Rate
The percentage at which an individual or corporation is taxed by the government.
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