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What was "Pandemonium"?
Discretionary Fiscal Policy
A government strategy involving adjusting its spending levels and tax rates to monitor and influence a nation's economy.
Public Works Programs
Government-funded projects designed to build or improve public infrastructure, such as roads and parks.
Tax Rates
The percentage at which an individual or corporation is taxed, which can vary based on income level, type of income, or jurisdiction.
Federal Budget Deficits
The shortfall that occurs when the U.S. government's expenditures surpass its revenues in a fiscal year, leading to increased borrowing.
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