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Which of the following statements about myelin is NOT true?
Fiscal Policy
Government policy related to taxation and spending to influence the economy.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, visible in GDP, real income, employment, industrial production, and wholesale-retail sales.
Budget Deficit
The situation in which a government's expenditures exceed its revenues, leading to borrowing or currency issuance.
Taxes
Compulsory contributions to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.
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