Examlex
AARP has approximately ________ members today.
Budget Document
A detailed financial statement presenting a government's or organization's projected revenues and spending for a fiscal period.
Federal Budget Deficit
The financial situation where the federal government's expenditures surpass its revenues within a given fiscal year.
Automatic Stabilizers
Economic mechanisms, such as progressive taxation and welfare spending, that automatically adjust to mitigate economic fluctuations without the need for explicit government action.
Transfer Payments
Payments made by governments to individuals or other government entities without receiving any goods or services in return, such as welfare benefits or subsidies.
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