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Federal Budget
The annual financial statement presenting the government's proposed revenues and spending for a financial year.
Crowding In
An economic situation where increased government spending leads to an increase in private sector investment.
Crowding Out
A phenomenon where increased government spending leads to a reduction in private sector investment due to higher interest rates.
Increase Taxes
Refers to a government's decision to raise the percentage of compulsory contributions on personal or corporate income, goods, services, or transactions, often aimed at financing government expenses.
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