Examlex
Synapses __________.
Taxes
Mandatory financial charges imposed by a government on individuals, corporations, and other entities to fund public expenditures.
Government Spending
The total amount of public funds that a government disburses on various services and projects.
Budget Deficits
The situation when a government's expenditure exceeds its revenue, resulting in a shortfall that needs to be financed through borrowing.
Economic Efficiency
A state in which resources are allocated in a way that maximizes the production of goods and services at the lowest cost.
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