Examlex
Pick hammers and picks tools cause corrosion hot spots that must be repaired with corrosion protection.
Monetary Policy
Monetary policy refers to the process by which the central bank of a country manages the money supply and interest rates to influence economic activity and maintain economic stability.
Discretionary
Pertaining to funds or spending that is subject to decision or choice by a party or authority.
Balanced Budget Amendment
A proposed federal constitutional rule requiring that the government not spend more than its income in a fiscal year.
Crowding-out Effect
A situation where increased government spending leads to reduced investment in the private sector.
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