Examlex
In prototyping, implementation and maintenance activities are repeated as necessary until the product is correct.
Authorized Expenditures
Expenses that have been approved for payment under the terms of a contractual agreement or budgetary consideration.
Spending Legislation
Legislation that dictates how government funds are to be spent, often detailing specific allocations for public sector initiatives and programs.
Negative Externalities
Economic activities that impose a negative effect on an unrelated third party, such as pollution from a factory affecting nearby residents.
Public Choice Economist
An economist who applies economic theories and methodologies to analyze and understand political behavior and decisions, particularly in the context of public policy and government actions.
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