Examlex
Explain the controversy that the war in the Philippines and the annexation of the Philippines triggered over the relationship between political democracy, race, and American citizenship.
Federal Budget
The annual financial statement presenting the government's proposed revenues and spending for a financial year.
Crowding In
An economic situation where increased government spending leads to an increase in private sector investment.
Crowding Out
A phenomenon where increased government spending leads to a reduction in private sector investment due to higher interest rates.
Increase Taxes
Refers to a government's decision to raise the percentage of compulsory contributions on personal or corporate income, goods, services, or transactions, often aimed at financing government expenses.
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