Examlex
Find the distance between the point and the line.Round your answer to four decimal places.
Federal Budget Deficit
The shortfall that occurs when the federal government's expenditures exceed its revenues within a fiscal year.
National Debt
The total amount of money that a country's government has borrowed, typically from domestic or international lenders.
Balanced Budget
A balanced budget occurs when a government's total expenditures are equal to its total revenues within a specified period, avoiding deficits and surpluses.
Recession
A temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
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