Examlex
All of the following are global leadership dimensions from the GLOBE project EXCEPT the
Aggregate Expenditures
are the total amount of spending on goods and services in an economy at a given level of income during a specified period.
Recession
A phase of short-term economic downturn characterized by decreased trading and industrial output, generally recognized by a drop in Gross Domestic Product across two consecutive quarters.
National Debt
The aggregate financial obligations incurred by a government of a country through borrowing.
Tax Revenue
The income gained by the government through taxation, which is then used to fund public services and governmental functions.
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