Examlex
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Budget Deficit
The situation where a government's expenditures exceed its revenues over a specified period, leading to borrowing or money printing.
Tax Receipts
The total amount of tax revenue collected by a government from individuals and businesses.
Automatic Stabilizer
Economic policies and programs designed to automatically reduce fluctuations in an economy's output, such as progressive taxation and welfare.
Tax Collections
The process by which government entities gather money from individuals and businesses in the form of taxes to fund public expenses.
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