Examlex
MATCHING
Match each person with one of the descriptions below.
-Chester Nimitz
Budget Deficits
Occurs when a government spends more money than it receives in revenue over a specified period, leading to an accumulation of debt.
National Debt
The total amount of money that a country's government has borrowed, typically as a result of budget deficits over years.
Interest Rates
The expense associated with lending money or the incentive for saving it, typically described as a percent of the total amount per year.
Capital Accumulation
The process of acquiring additional assets or wealth, particularly by businesses or the economy, to create further wealth or produce goods and services.
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