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Net Taxes
The total amount of taxes collected by the government minus any transfer payments and subsidies.
GDP
Gross Domestic Product, a measure of the economic performance of a country, evaluating the total value of all goods and services produced over a specific time period.
Government Purchases
Expenditures by government agencies on goods and services that directly satisfy public consumption or are invested in public infrastructure.
Full Employment
An economic condition where every available workforce is employed in the most effective way achievable.
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