Examlex
What are rules that help ensure the quality of information?
Recessionary Gap
The situation where an economy's actual output is less than its potential output due to economic downturn or recession.
Fiscal Policy
A method used by governments to influence a country's economic activity through taxation and spending decisions aimed at achieving economic goals.
Federal Budget Deficit
The shortfall when a government's expenditures exceed its revenues within a fiscal year.
Net Taxes
The difference between the total taxes paid to the government and the total transfers received, reflecting the actual fiscal contribution of an entity.
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