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Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulation of banks, and stability of the financial system.
Interest Rates
The amount charged, expressed as a percentage of principal, by lenders to borrowers for the use of money as a loan, influencing economic activity.
Unemployment Insurance
A government program that provides temporary financial assistance to unemployed workers who have lost their jobs through no fault of their own.
Contributory Program
A social welfare system that requires individuals to contribute through taxes or payments in order to be eligible for benefits or services.
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