DEFICIT SPENDING Definition

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DEFICIT SPENDING is an excess of government expenditures over government revenue, resulting in a shortfall that must be financed through borrowing.

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LEVERAGE HYPOTHESIS is the theory that managers have incentive to avoid technical default of loan covenants because it could result in increases in the firm's cost of capital.

ATTRIBUTE SAMPLING is a property that has only two possible values (an error exists or it does not).

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