Examlex
The following is a potential application of bacterial oscillator switches:
Budget Deficit
A budget deficit occurs when a government’s expenditures exceed its revenues within a given fiscal period, leading to the need for borrowing or using saved reserves.
Keynesian Model
An economic theory advocating for government intervention in the economy through fiscal policies to manage demand and address unemployment.
Creeping Inflation
A relatively low rate of inflation, such as the rate of less than 4 percent in the United States in recent years.
Market Economies
Economic systems in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses.
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