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Taxes
Compulsory financial charges imposed by a government on individuals or entities to fund public expenditures.
Automatic Stabilizer
Economic strategies and initiatives aimed at balancing shifts in a country's economic performance without interference from governmental or policy-making bodies.
Supply-Side
Economic theory that emphasizes the importance of increasing supply (production of goods and services) as the key to economic growth, lower unemployment, and lower inflation.
Federal Budget Deficit
The shortfall in the federal government's budget when its expenditures surpass its revenues.
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