Examlex
Generally speaking,there are two approaches to deciding whether or not an action is ethical,utilitarianism and rights and duties.
National Debt
The total amount of money that a country's government has borrowed, typically as a result of deficit spending.
GDP
Gross Domestic Product, a monetary measure of the market value of all final goods and services produced in a country during a specific period.
Automatic Stabilizer
Economic policies and programs, such as unemployment benefits, that automatically adjust to stabilize an economy's fluctuations without direct intervention by policymakers.
Welfare
Financial and social support programs provided by the government to assist individuals and families in need.
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