Examlex
Use synthetic division to divide.
Crowding-out
A situation where increased public sector spending reduces the amount of available funds for private sector investments.
National Debt
The total amount of money that a country's government has borrowed, typically as a result of deficit spending, and yet to repay.
Social Security Tax Surplus
The excess of revenues collected for Social Security over the expenditures on the program.
Crowding-out Effect
A situation where increased government spending leads to a reduction in private sector investment, due to the government borrowing absorbing a larger share of available financial resources.
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