Examlex
Primary data can be generated through surveys, interviews, observation, and experimentation.
Crowding Out
The phenomenon where increased government spending leads to a reduction in private sector investment, due to higher interest rates or the consumption of financial resources.
Aggregate Demand
The aggregate need for goods and services in an economy at a specific price level and during a certain time frame.
Constitutional Amendment
A formal change or addition proposed to a constitution, which then requires ratification to become part of the document.
Balanced Budget
A financial statement or situation where total expected revenues are equal to total planned expenditures, without any deficit or surplus.
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