Examlex
What fiscal policy was implemented in response to the financial crisis of 2008? How does this fit into the broader discussion of sound versus functional finance?
Loanable Funds
The funds available in the financial markets for borrowing, which come from people's savings and the money printed by the government.
Government Expenditures
The total amount spent by the government in a given period, including spending on goods and services, social benefits, and public works.
Taxes On Interest Income
Taxes applied to income gained through interest from savings or investments.
Interest Rate
The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal, typically on an annual basis.
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