Examlex
If a person who has been declared incompetent by the courts enters into an agreement,that agreement is void,because it does not meet all the requirements of a binding contract.
GDP
The total economic value of all end goods and services made within a nation's borders during a specific period is known as Gross Domestic Product.
Inflationary Gap
A situation where the demand for goods and services exceeds the supply, leading to inflation and an overheating economy.
Fiscal Policy
Alterations in expenditure and taxation by the government to control and impact the country's economic conditions.
National Debt
The sum of funds a nation's government has accumulated in debt, often due to spending more than its budget allows.
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