Examlex
Which of these is a type of cognitive ability?
Fiscal Policy
Changes in government spending and tax collections designed to achieve full employment, price stability, and economic growth; also called discretionary fiscal policy.
Taxes
Mandatory financial charges imposed by a government on individuals, corporations, and other entities to fund public expenditures.
Government Spending
The total amount of public funds that a government disburses on various services and projects.
Budget Deficits
The situation when a government's expenditure exceeds its revenue, resulting in a shortfall that needs to be financed through borrowing.
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