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Discretionary Fiscal Policy
Government policy that involves changing tax rates and levels of government spending to influence the economy.
Reinvestment Act
A law enacted to reallocate or invest funds into sectors or projects deemed necessary for economic recovery or development.
Government Spending
The total amount of public funds that a government expends on its programs, services, and investments.
Real GDP
GDP, corrected for inflation, to yield a clearer picture of the economic growth and the actual scale of the economy.
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