Examlex
Explain what a planning gap is and what is used to close it.
Aggregate Demand
Aggregate requirement for goods and services within an economic system, evaluated at a fixed comprehensive price level over a defined period.
National Debt
The total amount of money that a country's government has borrowed, by various means, to cover its spending in excess of tax revenues.
Federal Budget Deficit
The shortfall when the federal government's expenditures exceed its revenues within a fiscal year.
Federal Budget Deficit
The financial situation where the federal government's expenditures exceed its revenues in a given fiscal year.
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