1:财政学单词复习ChapterONE1
publicfinance(publicsectoreconmics/publiceconomics):Thefieldofeconmicsthatanalyzesgovernmenttaxationandspending
unifiedbudget:Thedocumentthatincludesallthefederalgovernment’srevenuesandexpenditures
regulatorybudget:Anannualstatementofthecostsimposedontheeconomybygovernmentregulations
(xianzaimeiyoule)4
entitlementprograms:Programswhoseexpendituresaredeterminedbythenumberofpeoplewhoqualify,ratherthanpresetbudgetallocations
ChapterTWO5
substitutioneffect:Thetendencyofanindividualtoconsumemoreofonegoodandlessofanotherbecauseofadecreaseinthepriceoftheformerrelativetothelatter
normalgood:Agoodforwhichdemandincreasesasincomeincreasesanddemanddecreasesasincomedecreases,otherthingsbeingthesame
incomeeffect:Theeffectofapricechangeonthequantitydemandeddueexclusivelytothe