Examlex
The F in FB stands for ____________________.
Austerity
Austerity refers to strict economic policies aimed at reducing government deficits through spending cuts and tax increases.
Sovereign Debt Crisis
A situation where a country's government is unable to meet its debt obligations, leading to financial turmoil.
Higher Taxes
An increase in the tax rate or tax liability faced by individuals or corporations.
Exchange Rate
The price of one country's currency expressed in another country's currency, facilitating international trade and investment.
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