Examlex
What is the primary difference between text editors and word processors?
People's Incomes
The total earnings received by individuals from all sources, including wages, salaries, benefits, and investment income.
Crowding-out Effect
A situation where increased government spending leads to a reduction in private sector spending and investment, often due to higher interest rates.
Government Expenditures
The total amount spent by the government on various services, including healthcare, education, and infrastructure.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.
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