Examlex
What is the difference between a cream soup and a chowder?
Business Cycle
A recurring sequence of economic expansion and contraction phases experienced by a country's economy.
Public Debt
The total amount of money owed by the government to creditors, which can include domestic or foreign individuals, corporations, or other governments.
National Debt
The total amount of money that a country's government has borrowed, typically as a result of budget deficits.
Budget Surpluses
occur when a government's revenues exceed its expenditures during a specific period of time.
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