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competitive tendering (M2) see compulsory competitive tendering
active fiscal policy (H3, H5)<br />Frequently used discretionary fiscal policy. Using this, a government makes many changes in its spending and taxation, instead of relying on automatic stabilizers, to achieve a desired level of aggregate demand.
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international comparisons of the cost of living (D6, FO)<br />The cost of purchasing the same representative bundle of goods and services in different countries of the world. Regular surveys are carried out to ascertain the
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