Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. This reduces the amount of borrowing required and may also demonstrate a government's fiscal discipline to creditors and credit rating agencies and make borrowing easier or cheaper as a result.

Explanation:

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3 years ago

The lack of motivation students in the last year of high school feel toward their studies is called

lubasha [3.4K]

There are a lot of names for it. The most common is senior slump and senioritis.

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3 years ago