Examlex
The principle of "one person, one vote" is a minimal expression of political equality.
Nondiscretionary Fiscal Policy
involves automatic stabilizers that adjust government spending and taxes without the need for new legislation, helping to moderate the business cycle.
National Defense
The governmental activities and structures designed to protect a country from external threats and ensure its security.
Tax Receipts
The income received by the government from taxes. It represents the primary source of revenue for government operations.
Economic Activity
A term that encompasses all actions that involve the production, distribution, and consumption of goods and services within an economy.
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