Examlex
The two types of proprietary funds include:
Tax Revenue
The income gained by the government through the imposition of various taxes, a crucial source for funding public expenditures.
Budget Deficits
The situation when a government's expenditures surpass its revenues within a specific time period.
Money Supply
The total amount of monetary assets available in an economy at a specific time.
Credit Cards
Financial instruments issued by banks allowing cardholders to borrow funds with which to pay for goods and services with the promise to repay the bank within a certain timeframe.
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