Identify the Following Terms

question 42

Short Answer

Identify the following terms.
-Xiongnu

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Definitions:

Government Outlays

The total expenditures made by the government, including spending on goods and services, transfer payments, and interest on debt.

Government Revenues

The income received by the government from taxes and non-tax sources used to fund public services and expenditures.

Interest Rates

The rate at which a borrower is charged interest for borrowing money from a lender.

Federal Budget Deficits

The financial situation where the U.S. government's expenditures exceed its revenue in a given fiscal year.