Examlex
Match each definition to the corresponding term.
-_____ are intermediaries that operate between producers and resellers.
Government Securities
Government securities are financial instruments issued by the government to finance its expenditures, offering investors a return in the form of interest payments.
Private Demand
The desire and willingness of individuals and entities to purchase goods and services in a free market.
Crowding Out
A situation where increased government spending leads to reduced investment in the private sector, often due to higher interest rates.
Multiplier
A factor by which an initial change in aggregate spending will alter total economic output through a series of induced spending.
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