FISCALIST Definition

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FISCALIST is an economist who prefers that the government affect the economy by raising and lowering taxation and/or government spending.

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EXTERNAL is from or between other countries, e.g. external commerce; or, happening, arising or located outside or beyond a company, e.g. external influences.

LONG-LIVED ASSETS are usually those assets that are not consumed during the normal course of business, e.g. land, buildings and equipment, etc.

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