An Example of a Simple Phobia Is Fear of

question 11

Multiple Choice

An example of a simple phobia is fear of

• A) dogs.
• B) interaction.
• C) public speaking.
• D) embarrassment.

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Definitions:

Annually Balanced Budget

A fiscal policy approach where government revenues and expenditures are equal within a one-year period.

Recession

An economic downturn characterized by a decrease in GDP, employment, and trade activities, typically lasting for a period.

Expenditures

Expenditures refer to the act of spending money or incurring expenses, particularly by governments, businesses, or individuals.

Automatic Stabilizers

Strategies and initiatives aimed at stabilizing a country's economic fluctuations without further action from the government.