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Tax Cuts
Reductions in the tax rates or the amount of taxes owed, usually enacted to stimulate economic growth or to redistribute income more favorably.
Government Expenditures
The total amount of money spent by the government on various types of goods and services, including infrastructure, education, and defense.
Keynesian Analysis
An economic theory proposing that government intervention can help stabilize the economy through spending and tax policies.
Aggregate Demand
The total demand for all goods and services in an economy at different price levels, within a given time period.
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