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Federal Government Spending
The total amount of money the federal government expends on various services, programs, and debt interest.
Recessions
Periods of economic decline when GDP falls consecutively for two or more quarters, typically characterized by reduced spending and increased unemployment.
Stagflation
An economic situation characterized by prolonged high inflation combined with high unemployment and stagnant demand in a country's economy.
Depression
A severe and prolonged downturn in economic activity, characterized by significant decline in gross domestic product, high unemployment, reduced consumer spending, and deflation.
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