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What were the political, social, economic, and/or cultural consequences of this item: Huey Long?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.
Net Capital Outflow
The net balance resulting from domestic residents buying foreign assets and foreigners buying domestic assets.
Real Interest Rate
The interest rate adjusted for inflation, indicating the real profit of an investment or the real cost of borrowing.
Government Budget Deficit
A financial situation that occurs when a government's expenditures exceed its revenues in a given fiscal period.
National Saving
National saving, also known as domestic saving, is the sum of private and public saving, representing the part of national income that is not consumed or spent by the government.
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