Examlex
If a stimulus (that does not elicit a particular response) is closely followed in time by a second stimulus that elicits a particular response, then the first stimulus will come to elicit the response that was elicited by the second stimulus.This is the definition of the principle of:
Budget Deficit
The financial situation where a government's expenditures exceed its revenues, leading to a shortfall that must be financed through borrowing.
Balanced Budget
A financial plan or budget where revenues are equal to expenditures, leaving no deficit or surplus.
Budget Deficit
A financial situation in which expenditures exceed revenue over a specific period, often referring to government spending.
Economic Recovery
The period of growth and improvement in economic indicators such as GDP, employment, and consumer spending following a recession.
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