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The classical economists believed in all the following,except
Insurance Company
A business entity that provides financial protection or compensation to policyholders in exchange for premiums, against specified risks or losses.
Paid Out
This term typically refers to money that has been disbursed or expended, often relating to payments made for goods, services, debts, or claims.
Fidelity Bond
An employer’s insurance against an employee’s wrongful conduct.
Employer
An individual or organization that hires and pays for the services of workers.
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