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Social Security Benefits
Government programs designed to provide financial support to individuals during retirement, disability, or upon death, ensuring income for beneficiaries.
Budget Deficit
Occurs when a government's expenditures exceed its revenues during a specific period of time, leading to borrowing or debt accumulation.
Discretionary Fiscal Policy
Government policy that involves adjustable spending and taxation measures to influence the economy, based on current economic conditions.
Monetary Policy
Actions taken by a central bank to control the money supply and interest rates in an economy.
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