Examlex
What is a mental shortcut that makes it easier to solve difficult problems
Money Supply
The money supply is the total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and other liquid assets.
Federal Budget Surpluses
Occurs when a government's revenue exceeds its expenditures during a given fiscal period.
Stabilize Economy
Efforts or policies aimed at maintaining economic balance by preventing extreme fluctuations in overall economic activity.
Reagan Tax Cut
Refers to the economic policies implemented during Ronald Reagan's presidency, predominantly significant reductions in income tax rates.
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