Examlex
The Goods-Services Continuum consists of which set of the following categories?
Cyclically Balanced Budget
A cyclically balanced budget is a fiscal policy approach where government budgets are planned to balance over the economic cycle, allowing for surpluses in boom years and deficits in recession years.
Government Expenditures
The total amount spent by the government for its various services, projects, and functions within a specified period.
Fiscal Policy
Government policies related to taxes and spending with the goal of influencing the economy's growth, inflation, and employment levels.
Deflation
A decrease in the general price level of goods and services, leading to an increase in the purchasing power of money.
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