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*Competition,personality differences,or values beliefs could lead to
Inflationary Gap
The difference between the actual output of an economy and the output it would produce if it were at full employment, indicating higher demand than supply, leading to inflation.
Taxes
Mandatory financial charges imposed by governments on individuals, corporations, and transactions to fund public expenditures.
Budget Deficits
occur when a government's expenditures exceed its revenues within a specific fiscal period, creating a shortfall that requires borrowing to finance.
Interest Rates
The expense associated with taking out a loan or the benefit received from depositing funds, typically described as a yearly percentage of the total sum.
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