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Regarding the definition of abnormality, it is correct to state that
Federal Deficit
The fiscal year difference when the U.S. Government's expenditures exceed its revenues, necessitating borrowing to cover the gap.
Real GDP
The measure of a country's economic output adjusted for inflation, reflecting the true value of goods and services produced.
Loanable Funds
A concept in economics that describes the market where borrowers obtain funds from savers, influenced by interest rates.
Interest Rates
The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.
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