Translation
Borrowing capacity: It is the quantitative estimation of credit from a person or company, or indebtedness that can support taking into account its assets or regular income.
public spending: It includes purchases and expenses that a state takes in a given period , usually a year.
Fiscal policy: Fiscal policy is "policy following the public sector regarding its decisions on spending , taxes and debt " This policy aims to facilitate and encourage the good performance of the national economy to achieve acceptable or outstanding levels of growth, inflation and unemployment, among other variables. It also seeks to avoid fluctuations in the economy
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Taxation: It is paid to the government and the state to support public expenditure tax. These are mandatory payments required many to individuals, as legal persons.
Déficit: Is the shortage , impairment or deficiency of something that is needed or considered as essential . The term can be applied to different products or goods , from food to money. It is mostly used in a commercial context in the field of business and the United
Liquidity:. It is the ability of the company to meet its short term obligations . Liquidity is defined as the ability of a company to get cash. It is the proximity of an asset conversion into money
surplus: It refers to the trade balances that are positive from a greater amount of income than expenses
public deficit: It is that negative amount that results when the cost or debit outweigh the income or credits , meanwhile, public when it is associated with the government, as in the case that occupy us then refers to that which is proper state or its institutions ,or otherwise , which is controlled by one of them .
Interest rate: Is the price of money in the financial markets. As with the price of any other good, when there is more money the rate goes down and when there is a shortage the rate goes up
Microeconomics: It is a very important branch of the economy which is responsible , as the name implies , those aspects that have to do with the micro, that is, the smallest or most local economy
Macroeconomics: It is the branch of economics that is responsible for studying the economies of a region or country as a whole. For this it uses collective variables as national income and employment levels , among others.
State Budget: It is an estimate of revenue and expenditure for the future, that is, the budget is a prospective calculation and therefore can not be compared or confused with a simple account or balance sheet , which is a retrospective calculation for comparing the costs incurred with earned income.