Examlex
Eurobonds have a higher level of required disclosure than normally applies to bonds issued in domestic markets, particularly in the United States.
Temporary Tax Cut
A reduction in taxation rates or an increase in deductions that is implemented for a limited period of time to stimulate economic growth or provide relief during economic downturns.
Aggregate Demand
The holistic demand encompassing all goods and services in an economy, quantified at a set price level over a fixed time frame.
Permanent Income
The average annual income an individual expects to earn over their lifetime.
Fiscal Policy
A government's strategy for managing its budget, including taxation and spending decisions, to influence the economy.
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