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-Suppose that initially there is no public debt. Using the above table, the public debt over this four-year period would have
Poverty Rate
The percentage of the population living below the poverty line, which is typically defined as the minimum level of income deemed adequate in a particular country.
Demographic Group
A specific segment of the population categorized by distinguishable characteristics, such as age, gender, income, etc.
Female-headed Families
Households led by women, often highlighted in discussions on poverty, social policy, and income support due to unique socioeconomic challenges.
Social Insurance
programs designed to provide financial protection against certain life risks (e.g., old age, disability, unemployment) funded by contributions from employers, employees, or both.
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