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when a government's revenue exceeds its expenditures
portion of national income that is not consumed and is instead set aside for investment or future use
the amount of money that comes into a country's economy from other countries
things that hold value
expenses incurred when buying or selling a good or service, outside the cost of the good or service itself
the difference between government revenue and government spending
tangible item that has economic value
uncertainty or possibility of incurring losses or receiving lower-than-expected returns from an investment
the process of shifting an economy away from a single income source toward multiple sources from a growing range of sectors and markets
bonds backed by a pool of loans
an institution that acts as a middleman between two parties in order to facilitate a financial transaction, ex bank
borrowers fail to meet pay back of loans
a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt
a government's total spending exceeds its total revenue
mutual fund that holds assets in order to provide retirement income