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What is the abstinence violation effect?
Budget Deficit
The amount by which government spending exceeds government revenues.
Interest Rates
The cost of borrowing money or the return on investments, expressed as a percentage of the principal amount.
Government Borrowing
The process by which the government raises funds through issuing debt instruments, such as bonds, to finance its spending.
Budget Deficit
A financial situation where an entity’s expenditures exceed its revenues over a specified period, leading to a shortfall that must be financed through borrowing.
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