Examlex
In which part of your self-assessment should you include feedback provided by faculty and peers?
Capitalist Economy
A financial system where capital goods are owned by individuals or corporations, with investment choices, prices, production, and goods distribution primarily influenced by competition within a free market.
Automatic Stabilizer
Economic policies and programs, like unemployment benefits, that automatically adjust to counteract economic fluctuations without additional government action.
Unemployment Compensation
Government-provided financial assistance to individuals who are unemployed and meet certain eligibility requirements.
Automatic Stabilizer
Economic policies and programs, such as unemployment insurance and progressive taxes, that automatically help stabilize an economy by reducing the severity of economic fluctuations without additional government intervention.
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