Examlex
Progress and performance can be measured quantitatively as well as qualitatively.
Government Spending
The total of all public expenditures made by government agencies, including investments and consumption.
Interest Rates
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to lenders over a specified period.
Government Failure
Occurs when government intervention in the economy causes an inefficient allocation of resources and leads to a net loss of economic welfare.
Special-interest Effect
The impact of a small, organized group on political or economic decisions, often in a way that benefits the group at the expense of the general public.
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