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What is a restriction of retained earnings and why would it be necessary?
Additional Income
Income that is received in addition to the primary source of income, such as earnings from side jobs or investments.
Permanent Increase
A long-term or indefinite rise in the level or amount of something, such as income, output, or investments.
Federal Budget Deficits
Occurs when a government's total expenditures exceed the revenue that it generates, excluding debt from previous years.
Discretionary Fiscal Policy
Discretionary fiscal policy involves government actions to influence economic activity through changes in taxation and spending policies, distinct from automatic fiscal stabilizers.
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