Examlex
The main advantage of a two-column account is that it maintains a running balance.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often leading to negative externalities or a misallocation of resources.
Government Involvement
The extent to which the government participates in the economy, through regulation, ownership, subsidy, or direct control of goods and services.
Legislative Issues
Concerns or matters that require lawmaking bodies to enact, amend, or repeal laws.
Disengaged Voters
Individuals who choose not to participate in elections or the political process, often due to apathy, dissatisfaction, or a feeling of disenfranchisement.
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