Examlex
When using an application generator, the developer (a programmer or user) works with menu-driven tools and graphical user interfaces to define the desired specifications.
Accounting Identity
A fundamental equation that must always hold true, often without regard to time or specific instances, in accounting and economics.
Government Purchases
Expenditures by the government sector for goods and services that are consumed within the current period.
Closed Economy
An economic system that does not interact with other economies in terms of international trade or financial transactions.
Public Saving
The difference between tax revenues and government expenditures, typically representing the amount of surplus funds the government has.
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