Examlex
If the earnings of a company are revealed to be false,the officers who earned bonuses based on these earnings must forfeit them.
Aggregate Demand
The total demand for all goods and services within an economy at various price levels, in a given time period.
Automatic Stabilizer
Economic policies and programs, such as unemployment benefits and taxation, that automatically adjust to counteract economic fluctuations without direct intervention by policymakers.
Crowding-out
A situation where increased public sector spending leads to a reduction in private sector spending.
Accelerator Effect
Refers to the phenomenon where an increase in national income results in a proportionally larger increase in investment spending due to expected higher demand for products.
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