Examlex
The brain can be divided into what four subdivisions?
Budget Deficit
A scenario in which a government spends more than it earns in a particular timeframe, resulting in the need to accumulate debt or borrow money.
Automatic Stabilizers
Economic policies and programs, such as unemployment benefits and progressive taxation, designed to automatically reduce volatility in the economy by offsetting fluctuations in economic activity without direct intervention by policymakers.
Government Deficit
The financial situation that occurs when a government's expenditures exceed its revenues within a specific time period, often leading to borrowing.
Jobless Recovery
A situation where the economy begins to recover from a recession, but the unemployment rate remains high or continues to increase.
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