Examlex
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Recessionary Gap
The difference between the actual output of an economy and its potential output at full employment, during a recession.
Discount Rate
The rate at which the central bank lends money to commercial banks and other financial institutions through its discount window.
Fiscal Expenditure
Government spending, including spending on goods and services, welfare, and public works, financed through taxation or borrowing.
Taxes
Taxes are compulsory financial charges or levies imposed by a government on individuals or entities to finance government spending and various public expenditures.
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