Examlex
How are consequences different from punishment?
Tax Cuts
Reductions in the amount of taxes imposed by the government.
Government Spending
The total amount of money spent by government entities on goods, services, and public projects to fulfill their objectives and responsibilities.
Real Balances Effect
The impact of changing prices on the purchasing power of individuals' money holdings, influencing consumption and savings decisions.
Foreign Purchases Effect
The decrease in domestic demand for goods and services as a result of consumers buying goods from foreign markets, usually due to price or currency exchange advantages.
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