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What are the problems associated with a cyclically balanced budget fiscal policy?
Equity
In finance, equity represents the ownership interest in a company or property, often measured as the difference between the value of the assets and the liabilities.
Efficiency
The optimal use of resources to achieve the desired outcomes with minimal waste of time, effort, or materials.
Government
A system or group of people governing an organized community, often a state.
Worker's Paradise
An idealized society in which workers are well-compensated, have excellent working conditions, and possess significant rights and benefits.
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