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Figure 5.1
Using Figure 5.1, match the following:
-Where capillary loops are found.
Flow Variable
A variable that is measured over a specific period of time, representing dynamic elements of an economy like income or spending.
Federal Budget Deficit
The deficit occurring when government spending surpasses its income in a specific fiscal year.
National Debt
The total amount of money that a country's government has borrowed, by various means, and has yet to repay.
Federal Government Budget Deficit
The financial situation in which the federal government's expenditures exceed its revenues, leading to borrowing and debt accumulation.
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