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U.S. Government Securities
Financial instruments issued by the United States Department of the Treasury to finance federal government spending, considered very low risk.
Full-Employment Output
is the level of output that an economy can produce when operating at a full employment level, where all available labor and resources are being used efficiently.
Government Securities
Financial instruments issued by the government to finance its expenditures, offering investors a relatively safe investment option compared to other securities.
Discount Rate
The interest rate charged to commercial banks and other financial institutions for loans received from a country's central bank.
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