Examlex
You received your Ph.D. from a prestigious state university that had competitive admissions, where students graduated in the top 10 percent of their high school class, and where both students and teachers had high expectations for the student. You now teach at an open admissions school. Students here graduated anywhere from the bottom 10 percent to the top 10 percent. What expectations should you have for these students?
Automatic Stabilizer
Economic strategies and initiatives aimed at balancing shifts in a country's economic performance without interference from governmental or policy-making bodies.
Supply-Side
Economic theory that emphasizes the importance of increasing supply (production of goods and services) as the key to economic growth, lower unemployment, and lower inflation.
Federal Budget Deficit
The shortfall in the federal government's budget when its expenditures surpass its revenues.
National Debt
The total amount of money that a country’s government has borrowed by issuing securities, usually through selling bonds.
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