national price level

  • 121economic stabilizer — Any of the institutions and practices in an economy that serve to reduce fluctuations in the business cycle through offsetting effects on the amounts of income available for spending (disposable income). The progressive income tax, unemployment… …

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  • 122government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …

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  • 123economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …

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  • 124Hungary — /hung geuh ree/, n. a republic in central Europe. 9,935,774; 35,926 sq. mi. (93,050 sq. km). Cap.: Budapest. Hungarian, Magyarország. * * * Hungary Introduction Hungary Background: Hungary was part of the polyglot Austro Hungarian Empire, which… …

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  • 125Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …

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  • 126FairTax — Part of a series on Taxation Taxation in the United States …

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  • 127money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …

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  • 128government economic policy — ▪ finance Introduction       measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three …

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