Examlex
Which of the following is a government outlay?
Federal Reserve Act
A U.S. legislation in 1913 that established the Federal Reserve System as the central banking system of the United States, designed to provide the country with a safer, more flexible, and more stable monetary and financial system.
Fed
The Federal Reserve System, which is the central banking system of the United States, responsible for monetary policy and financial regulation.
GDP
Gross Domestic Product, the total value of all final goods and services produced within a country in a given period of time.
Tax Cuts
A reduction in the amount of taxes imposed by a government on individuals or businesses.
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