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budget deficit refers to the difference between the governmental revenues and expenditures with paying no concentration to intra-governmental transfers (Aaron, 2010). According to the report of CBO, the U.S budget deficit would exceed $1 tr...
economic growth remains, are cause for additional concern. Budget deficit (the excess of expenditure over income) in industrial countries have been growing as a percentage of GDP over the past 20 years. Large deficits emerged after the oil ...
Budget deficit essentially has an enormous impact on the economic conditions of the United States. It is also known as national debt, when it comes to federal governments’ spending. Budget deficits can be curtailed by cutting down the expen...
Australian industry as it will earn significant foreign exchange and will result in significant job creation. Globalization Globalization is defined as a procedure of increasing interdependence among all the people that are living on the pl...
defined religion into three broad categories: world religions, a term which refers to trans-cultural, international faiths, indigenous religions, which refers to smaller, culture-specific religious groups, and new religious movements, which...
Australian Government and the Reserve Bank of Australia been in running the Australian economy over the last two years? Australia has one of the strongest economies in the world, open and competitive. The steady economic growth is the resul...
Australian GDP increased by 3.94% to $882.344. For last two decades, Australia has been enjoying a robust growth with an annual real GDP growth of 3.3%. Australian economy is dependent on the services and resources industries. Australian Ec...