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Demography Is One of the Controllable Variables in the External

question 15

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Demography is one of the controllable variables in the external environment.

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Definitions:

Tax Revenues

The income that is gained by governments through taxation, used to fund public services, infrastructure, and government obligations.

Government Expenditures

The total amount of money spent by the government in a certain period, including spending on public services, social security benefits, and infrastructure projects.

Monetary Policy

The actions of a central bank or other regulatory authority that determine the size and growth rate of the money supply, which in turn affects interest rates.

Fiscal Policy

Government use of taxation and spending policies to influence economic conditions, including aggregate demand, employment, and inflation.

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