Examlex
What happens to national saving when the government runs a budget surplus? What happens to national saving when the government runs a budget deficit?
Base Year
A specific year chosen as a point of reference or comparison for financial or economic data.
Price Index
A statistical measure that shows changes in the price level of a basket of consumer goods and services over a period of time.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Price Index
A statistical measure that shows changes in the average price level of a selected basket of goods and services over time.
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