Examlex
Explain the most significant parts of the Bill of Rights,addressing each amendment separately.
Federal Budget
An annual financial statement presenting the government's proposed revenues and spending for the upcoming fiscal year.
Automatic Stabilizers
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government intervention.
Recession
A noticeable drop in economic activity that affects the entire economy, enduring beyond several months, usually evidenced in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Transfer Payments
Payments made by the government to individuals, without the government receiving any goods or services in return.
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