Examlex
The termination of the bracero program brought about a disastrous shortage of farm labor in California during the mid-1960s.
Discretionary Policy
This involves government policies, like fiscal and monetary policy decisions, that are deliberately formulated and applied in response to economic conditions to manage aggregate demand.
Economic Fluctuations
Variations in the level of economic activity in a country over a period of time, characterized by periods of boom and recession.
Fiscal Policy
The use of government spending and taxation levels to influence the economy, aiming at managing economic fluctuations, controlling inflation, and stimulating economic growth.
Tax Cut
A reduction in the amount of taxes imposed by a government, often aimed at stimulating economic growth or achieving political goals.
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