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The structural deficit is equal to expenditures
Horizontal Analysis
A method used in financial analysis to compare historical financial information over a series of reporting periods.
Comparative Financial Statement
Financial statements that provide financial data for multiple periods, facilitating the analysis of trends over time.
Current Ratio
A financial ratio that expresses the relationship between current assets and current liabilities, computed by dividing current assets by current liabilities.
Marketable Securities
Financial instruments that can be easily converted into cash, often used for short-term investments by companies.
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