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If an American-Based Firm Opens and Operates a Service Call

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If an American-based firm opens and operates a service call center in Bulgaria, then it is engaging in


Definitions:

Fiscal Policy

Adjustments made by the government in its budgeting and taxation to oversee and steer the economic health of a nation.

Taxes

Obligatory fiscal charges or various forms of dues levied on a taxpayer by government agencies with the aim of covering government expenses and assorted public financial needs.

Expenditures

Money spent by individuals, businesses, or governments on goods and services.

Budget Deficit

A financial situation where a government's expenditures exceed its revenues within a specific period, leading to borrowing or depleting reserves.

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