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Clara, at Age 47, Decided to Adopt a Child on Her

question 7

Multiple Choice

Clara, at age 47, decided to adopt a child on her own because she tired of waiting around for "Mr. Right" to come along. She decided to move on with her life. Clara is an example of a(n) :


Definitions:

Discretionary Fiscal Policy

Government strategies involving adjustments in spending levels and tax rates to influence the overall economy, aimed at stabilizing seasonal or cyclical fluctuations.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Corporate Profits Tax

A tax imposed on the profits earned by corporations, factoring in their revenue minus expenses and deductions.

National Debt

The total amount of money that a country's government has borrowed through issuing securities and not yet repaid, often as a result of spending more than it receives in taxes.

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