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Waves that move through air are transverse.
Social Security Taxes
Taxes collected from employees and employers to fund the Social Security program, which provides benefits for retired workers, disabled individuals, and survivors of deceased workers.
Levied
Imposed or collected, typically used in reference to taxes, duties, or fines by a governing authority.
Policymaking Process
The systematic approach involving identification, assessment, formulation, and implementation of policies aimed at addressing specific issues or achieving desired outcomes.
Federal Reserve System
The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining financial stability, and providing financial services to depository institutions, the U.S. government, and foreign official institutions.
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