Examlex
A lag indicator is a performance measure that forecasts future performance.
Government Spending
Expenditures by government bodies on goods, services, and public projects to fulfill its various functions and responsibilities.
Trade Deficit
The circumstance where a country's expenditures on imported goods and services exceed the income from its exports, creating a negative trade balance.
Merchandise
Items available for sale in stores or online.
Services
Intangible products provided to consumers, such as healthcare, education, and banking, which do not result in ownership of physical goods.
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