Examlex
Miranda warnings must be read to a suspect when he or she is taken into custody.
Transfer Payments
Payments made by the government to individuals or other organizations without receiving any goods or services in return.
Federal Budget Deficit
The financial situation in which the federal government's expenditures exceed its revenues in a given fiscal year, leading to borrowing or debt accumulation.
Fiscal Policy
Policies implemented by the government that involve taxation and expenditure to affect economic activities.
Chronic Deficits
entail persistent and extended periods where expenses exceed revenue, leading to sustained budget shortfalls.
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