Goverment budget decifit, The excess of government expenditures (on goods, services and transfer payments) over the government’s tax revenues., Inflation rate, The percentage rate of increase in the economy's average level of prices, Capital expenditure, funds used by a company to acquire or upgrade physical assets such as property, buildings, or equipment, Deficit spending, A situation in which a company, or especially a government, spends more money than it collects for a given period of time, usually a quarter or a year., Well – being, nclude the satisfaction people gain from the products and services they choose to consume, from their time spent in leisure and with family and community as well as in jobs, and the security and services provided by effective governments., Monetary policy, Involves the use of interest rates to control the level and rate to growth of aggregate demand in the economy, Depreciation accounting, Reducing the value of fixed asset,by charging it against profit, National debt, The total amount of money borrowed by the central ggoverment of a country on which it has to pay interest, Gross Domestic Product (GDP), The value of all goods and services produced in a particular country, Aggregate demand, Measurement of the total amount of demand for all finished goods and services produced in an economy, Maturity, The date on which a bill of exchange , promissory note, debenture or loan stock becomes due for payment or repayment, Value-added tax, A tax collected at each stage of production

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