Examlex
Most of the people who cycle through probation, prisons, and parole come from a limited number of
communities.
Stabilize Output
Involves government or central bank interventions to minimize fluctuations in a country's economic production or GDP over the business cycle.
Aggregate Demand
The total demand for all goods and services within an economy at various price levels, in a given time period.
Automatic Stabilizer
Economic policies and programs, such as unemployment benefits and taxation, that automatically adjust to counteract economic fluctuations without direct intervention by policymakers.
Crowding-out
A situation where increased public sector spending leads to a reduction in private sector spending.
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