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The theory that government borrowing may function like an increase in taxes is known as
Developed Countries
Nations with high levels of economic productivity, advanced infrastructure, and higher standards of living.
Technology
The application of scientific knowledge for practical purposes, especially in industry, which can significantly influence productivity and economic growth.
Capital
Wealth in the form of money or other assets owned or used by a person or organization for a particular purpose such as investment in productive projects.
Foreign Exchange Reserve
Holdings of foreign currencies and precious metals by a country's central bank or monetary authority, used to back its liabilities and influence monetary policy.
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