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McMahan argues that it is impossible for unjust combatants to abide by the requirement of proportionality.
Government Budget Deficit
Represents the financial situation in which a government's expenditures exceed its revenues within a specific period, leading to borrowing or debt accumulation.
Trade Balance
The difference in value between a country's imports and exports over a certain period.
Real Interest Rates
The interest rate adjusted for inflation, reflecting the real cost of borrowing and the real yield to lenders or investors.
Crowding Out
The phenomenon where increased government spending leads to a reduction in private sector spending or investment, often due to higher interest rates.
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