Fiscal gap Fiscal gap The fiscal gap is a measure of a government's total indebtedness proposed by economists Laurence Kotlikoff and Alan Auerbach, who define it as the difference between the present value of all of government's projected financial obligations, including future expenditures, including servicing outstanding official federal debt, and the present value of all projected future tax and other receipts, including income accruing from the government's current ownership of financial assets. According to Kotlikoff and Auerbach, the "fiscal gap" accounting method can be used to calculate the percentage of necessary tax increases or spending reductions needed to close the fiscal gap
Word-sense disambiguation translation, but is relevant in information retrieval. The opposite is true of 'river', which requires a choice in French (fleuve 'flows into the sea', or rivière 'flows into a river'). Also, completely different algorithms might be required by different applications. In machine translation, the problem takes the form of target word selection. Here, the "senses" are words in the target language, which often correspond to significant meaning distinctions in the source language ("bank" could translate to the French "banque"—that is, 'financial bank' or "rive"—that is, 'edge of river'). In information retrieval, a sense inventory is not necessarily required, because it