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Federal Budget
An estimate of government expenditures and revenues for a specific fiscal year, as determined by the President and Congress in the United States.
Aggregate Demand
The total demand for all goods and services within a particular market or economy.
Aggregate Supply
The total supply of goods and services that firms in a national economy plan on selling during a specific time period.
Equilibrium GDP
The level of Gross Domestic Product at which total production equals total spending, indicating a state of economic balance without tendency to change.
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