Examlex
You connect two identical resistors in series across supply lines maintained at a constant potential difference.When you later connect them in parallel across the same supply lines,the total current furnished by the supply lines,compared with the former current,is
Government Spending
The total amount of money that a government expends on public services, social welfare programs, infrastructure, and defense, among other areas.
Interest Rates
A charge, expressed in terms of a percentage of the principal, applied by a lender to a borrower for using its resources.
Crowding-Out Effect
A situation where increased government spending leads to a reduction in private sector spending, often due to higher borrowing costs.
Aggregate Demand
Aggregate demand represents the total demand for goods and services in an economy at a given time and price level.
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