Examlex
In a structure, the organization has little specialization and formalization, and its overall structure is organic.
Discretionary Influence
The ability to make decisions or take actions based on personal judgment rather than fixed rules.
Public Borrowing
The process by which a government finances its expenditure by raising loans through the issuance of securities or borrowing from financial institutions.
Federal Deficit
The fiscal year difference when the U.S. Government's expenditures exceed its revenues, necessitating borrowing to cover the gap.
Real GDP
The measure of a country's economic output adjusted for inflation, reflecting the true value of goods and services produced.
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