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Simplify the complex fraction:
Fiscal Policy
The use of government spending and taxation to influence the economy, including efforts to adjust the level of aggregate demand through public expenditure and taxation rates.
National Debt
The full amount of capital that a country's political authority has borrowed through a range of means.
Economic Growth
An increase in the production of goods and services in an economy over a period, often measured by GDP growth.
Budget Deficits
The situation that occurs when a government spends more money than it receives in revenue over a specific period of time.
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