Examlex
The American Federation of Labor (AFL) adopted a pattern of union organization based on the British trade union system which provided the members with:
Built-In Stability
refers to automatic fiscal policies and regulations that stabilize economic fluctuations without additional government intervention.
Real GDP
The measure of a country's economic output adjusted for price changes and inflation.
Tax Revenues
The income that is gained by governments through taxation, a primary source of public finance.
Transfer Payments
Payments made by the government to individuals without any expectation of a direct return, such as welfare, social security, and unemployment benefits.
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