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Tom and Jerry are both 6 months old.Tom now sleeps through the night without waking,but Jerry wakes up about once every hour.What can you tell their parents?
Taxes
Mandatory financial charges imposed by governments on individuals, corporations, and transactions to fund public expenditures.
Budget Deficits
occur when a government's expenditures exceed its revenues within a specific fiscal period, creating a shortfall that requires borrowing to finance.
Interest Rates
The expense associated with taking out a loan or the benefit received from depositing funds, typically described as a yearly percentage of the total sum.
GDP
Gross Domestic Product (GDP) signifies a country's economic output, quantifying the sum value of all produced goods and services within a designated timeframe.
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