Examlex
Which of the following is false?
National Debt
describes the total amount of money that a country's government has borrowed and not yet repaid.
Fiscal Policy
Government policy regarding taxation and spending to influence the economy.
John Maynard Keynes
A British economist whose theories on the causes of prolonged unemployment and the importance of governmental fiscal and monetary policies founded Keynesian economics.
Federal Budget Deficit
The shortfall that occurs when the U.S. government's expenditures exceed its revenues within a fiscal year.
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