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Austerity: Austerity refers to the government's reduction of

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Tellin_Fibs   Saturday, 01/13/18 05:55:39 AM
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Austerity: Austerity refers to the government's reduction of spending in order to lower their deficit. Austerity measures, which usually involve wage cuts and tax hikes, are implemented by the government to ensure their creditors that they will be able to pay back their loans.


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