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Why should an AC generator never be operated open-circuit?
Budget Balance
The financial position of a government, indicating whether it is spending more than its income (deficit), equal to its income (balanced), or less than its income (surplus).
Interest Rate
The obligation, denoted as a percentage of the principal, incurred by borrowers for asset access from lenders.
Government Budget Deficit
The financial situation in which a government's expenditures exceed its revenues.
Loanable Funds
The resources available for borrowing, determined by the market for loans where savers supply funds and borrowers demand them.
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