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Describe primary,secondary,and tertiary intervention strategies.Describe an example of each strategy.
Tax Receipts
The revenue collected by the government through various forms of taxation.
Government Expenditures
Financial spending by the government on goods, services, and public projects, including healthcare, education, and infrastructure.
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.
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