Examlex
What are the new security issues in the post-Cold War era? Which branch of government is better suited to deal with them and why?
Redistribution of Income
The transfer of income and wealth from some individuals to others through a social mechanism such as taxation, charity, welfare, public services, land reform, or monetary policies.
Circular Flow Model
An economic model that depicts the movement of goods, services, and money between households and businesses in an economy.
Consumer Expenditures
The total amount spent by consumers in an economy on goods and services.
Government and Households
The sectors of an economy involving government spending and actions, and the consumption and savings patterns of individual households.
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