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Which of the following is NOT an automatic stabilizer?
Annuity Contract
A financial product sold by an insurance company that provides guaranteed income over a period of time for a flat or periodic payment.
After-tax Dollars
Money that an individual has left over after all income taxes have been deducted, which can then be invested or spent.
Tax-free
Financial gains or receipts that are not subject to tax by authorities, often due to specific exemptions or regulations.
Tax-deferred Plans
Retirement or investment accounts that allow taxpayers to postpone tax liabilities on earnings until funds are withdrawn in the future.
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