Examlex
Few functionalists today would argue that fixed gender roles are functional for society.
Interest Rate
A financial obligation, calculated as a percentage of the principal, is imposed on borrowers by lenders for asset usage.
Transfer Payments
Financial payments made by the government to individuals without any expectation of goods or services being returned, such as welfare benefits.
Budget Deficit
The situation when a government's expenditures exceed its revenues within a specific budget period, leading to borrowing or use of saved reserves.
Interest Rate
The slice of a loan imposed as interest upon the borrower, usually articulated as an annual percentage of the loan still to be repaid.
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