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is extremely important in gerontology because it shapes how people define core concepts such as age, old age, and normative life course.
Federal Debt
is the total amount of money that the government of the United States owes to creditors both domestic and foreign.
Government Budget Deficits
The situation where a government's expenditures exceed its revenues, leading to borrowing and increased debt.
Fiscal Policy
Adjustments made by the government in its budgeting and taxation to oversee and steer the economic health of a nation.
Taxes
Obligatory fiscal charges or various forms of dues levied on a taxpayer by government agencies with the aim of covering government expenses and assorted public financial needs.
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