Examlex
An agreement to pay reasonable additional compensation to a contractor for the performance of a pre-existing contract when the contractor faces extraordinary circumstances caused by unforeseen difficulties is called a:
Public Saving
The difference between government tax revenues and government expenditures, often used to assess a government's financial health.
Closed Economy
An economic system that does not engage in international trade with other countries and relies solely on its own resources and internal market.
Budget Surplus
The condition where a government's revenues exceed its expenditures over a specific period of time.
Public Saving
The difference between government receipts and government spending, representing the amount the government either saves or borrows.
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