Examlex
What does convergent thinking require of an individual?
Budget Deficit
A financial situation in which expenditures exceed revenue over a specific period, often referring to government spending.
Economic Recovery
The period of growth and improvement in economic indicators such as GDP, employment, and consumer spending following a recession.
Capital Projects
Large-scale investment projects that are undertaken by organizations or governments, which usually have a long-term impact on the economy.
Functional Finance
Functional finance is a theoretical approach to fiscal policy which holds that government budgets should be primarily evaluated on their effects on the economy rather than on principles of borrowing and debt.
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