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If planned aggregate expenditure equals GDP,the economy is in macroeconomic equilibrium.
Legislation
Laws or statutes that have been formally enacted by a legislative body to regulate, authorize, prohibit, or provide frameworks for various activities and policies.
Agency
An organization, company, or bureau that provides a specific service.
Polygraph Test
A lie detector test that measures and records several physiological indices such as blood pressure, pulse, respiration, and skin conductivity while the subject answers a series of questions.
Without Recourse
A clause indicating that the holder of a negotiable instrument cannot seek payment from the sender in the event of non-payment by the intended party.
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