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balanced budget definition government pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures
A balanced budget is when government spending equals government revenue in a fiscal year. It means the government does not incur a deficit or surplus. Balancing a budget is crucial for economic stability and fiscal responsibility. Governments aim to balance budgets through various means such as cutting expenses, raising taxes, or both. Deficits and debts can have long-term negative impacts on a country's economy.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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