Examlex
The constraint x1 + x2 + x3 ≤ 3 in a BIP represents mutually exclusive alternatives.
Automatic Stabilizers
Financial policies and schemes intended to balance out variations in a country's economic performance, avoiding extra government or policymaker involvement.
Legislative Action
The process by which laws are created, amended, or repealed within a legislative body such as a parliament or congress.
Macroeconomic Activity
The total economic activities and interactions at a national or global level, including production, consumption, saving, and investment.
Nondiscretionary Fiscal Policy
Government policies related to taxation and spending that automatically adjust without the need for explicit action by policy makers.
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