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Treasury Bills
Short-term government securities with maturities of one year or less, used by governments to raise funds and regulate money supply.
Budget
An estimation of revenue and expenses over a specified future period of time, often structured as a financial plan.
Annually Balanced Budget
A fiscal policy approach where government revenues and expenditures are equal within a one-year period.
Recession
An economic downturn characterized by a decrease in GDP, employment, and trade activities, typically lasting for a period.
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