Examlex
Maintenance activities are often organized into the two groups:
Federal Budget Deficit
The financial situation where the federal government's expenditures exceed its revenues in a given fiscal year.
National Debt
The total amount of money that a country's government has borrowed by various means.
Fiscal Policy
Government policies concerning taxation and spending that are aimed at influencing economic conditions, including promoting economic growth, controlling inflation, and reducing unemployment.
Government Deficit
Occurs when a government's expenditures exceed its revenues during a specific period, leading to borrowing or drawing from reserves.
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