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ASE-Style Multiple Choice ____ results from impact damage that forces parts or panels up or down.
Automatic Stabilizers
Automatic stabilizers are economic policies and programs, like unemployment insurance and progressive taxation, that automatically adjust to dampen economic fluctuations without additional government action.
Fair Tax
A proposed tax reform that suggests replacing current income and federal taxes with a single national sales tax to simplify the tax system.
GDP Growth
Refers to the increase in the value of all goods and services produced in a country over a specific period of time, indicating economic expansion.
Economic Stimulus
Government policy or monetary measures aimed at increasing economic activity, often through increased public spending or tax cuts.
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