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Inflations
A widespread rise in prices accompanied by a decrease in money's buying power.
Deficits
The amount by which a government, company, or individual's spending exceeds its income over a particular period of time.
Surpluses
Occurs when the quantity of a good produced exceeds the quantity demanded, often leading to price reductions.
Inflationary Gap
A situation where the demand for goods exceeds supply at the current price levels, leading to an increase in prices and inflation.
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