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Discuss the various types of rating errors that may exist in performance evaluation.
Fiscal Policy
Government policies related to taxation and spending designed to influence economic conditions, including demand, employment, and inflation.
Aggregate Demand
The entirety of demand for products and services in an economy, pegged at a general price level during an established time frame.
Government Spending
The total amount of money that a government expends in a specific time period, which can include investments in infrastructure, welfare programs, and military expenditure.
Tax Receipts
The cumulative sum of taxes gathered by a government from both companies and individuals.
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