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A) Cyclically Adjusted Budget Surplus

question 207

Multiple Choice

  A)  cyclically adjusted budget surplus. B)  cyclically adjusted budget deficit. C)  actual budget deficit. D)  actual budget surplus.


Definitions:

Protection

Measures taken to safeguard something or someone against harm or damage.

Life Insurance

A contract between an insurer and a policyholder in which the insurer pays a designated beneficiary a sum of money upon the death of the insured person.

Floater Policy

A policy that insures property that cannot be covered by specific insurance because the property is constantly changing in either value or location.

Property

Items, assets, or possessions owned by an individual or entity, including tangible and intangible forms.

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