Examlex
When converting a decimal to a percent, move the decimal two places to the right and write the percent sign after the number.
Keynes
An economist who advocated for government intervention in markets to mitigate the adverse effects of economic recessions and depressions through fiscal and monetary policies.
Government Spending
Expenditures made by the public sector on goods and services such as healthcare, education, and defense, which can impact the country's economy.
Federal Budget Deficit
The shortfall where the federal government's expenditures exceed its revenues in a given fiscal year.
Recessions
Recessions are periods of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
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