Examlex
The principle of the separation of church in state in America developed out of the religious pluralism of the New England colonies.
Budget Deficit
The financial situation where a government's expenditures exceed its revenues over a specified period, leading to borrowing or debt accumulation.
Investment
The allocation of resources, such as capital, time, or assets, to a project or asset with the expectation of generating future profits.
Households' Decision
The choices made by households regarding consumption, savings, and labor supply based on income, preferences, and economic conditions.
Save Less
Refers to a decrease in the amount of income that individuals or entities set aside as savings.
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