Examlex
Which type of insurance is sometimes called temporary insurance?
Expansionary Monetary Policy
A central bank policy aimed at increasing the money supply to stimulate economic growth by lowering interest rates and increasing liquidity.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, indicating improvement in living standards.
Technological Innovations
The implementation of new technologies or the novel application of existing technologies to create new products, processes, or services.
Smoot-Hawley
Refers to the Smoot-Hawley Tariff Act of 1930, a legislation passed in the United States that imposed high tariffs on imported goods to protect American businesses and farmers, which is widely considered to have exacerbated the Great Depression.
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