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What is the effect of a demogrant on the budget contraint?
Credit Item
An entry that increases the balance of a firm's or individual's account in financial statements.
Balance of Payments
A record of all financial transactions made between a country and the rest of the world over a specific period.
Debit
A financial record that leads to a rise in assets or a reduction in liabilities on a corporation's balance sheet.
Balance of Payments
The balance of payments is a comprehensive record of a country's economic transactions with the rest of the world, including trade, investments, and financial transfers, over a specific time period.
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