Examlex
What have been the most important developments in Canada since 1945? In what ways has national unity been challenged from within? What role has ideas about excessive United States influence in Canada played in shaping that nation's foreign and domestic policies?
Budget Deficits
The situation where a government's expenditures exceed its revenues, leading to the accumulation of debt.
Demand-Side Economics
Macroeconomic policy that focuses on shifting the aggregate demand curve as a way of promoting full employment and price stability
Supply-Side Economics
Macroeconomic policy that focuses on a rightward shift of the aggregate supply curve through tax cuts or other changes to increase production incentives.
Classical Economics
A school of thought originating in the 18th century, emphasizing free markets, the idea of a self-regulating economy, and the importance of limited government intervention.
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