Examlex
When it comes to police discretion and offense seriousness, officers have the most discretion when it comes to crimes such as murder or rape.
Political Business Cycle
The concept that elected officials may induce expansions of the economy before elections to improve their chances of re-election.
Central Bank
The primary monetary authority of a country, which manages the nation's currency, money supply, and interest rates.
Deficits
Financial shortfalls that occur when an organization's, typically a government's, expenditures surpass its revenues within a specific time frame.
Inflation Risk
The possibility that the value of assets or income will decrease as inflation shrinks the purchasing power of a currency.
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