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If Legislation Required the Budget to Be Balanced at All

question 34

Multiple Choice

If legislation required the budget to be balanced at all times, _____ as an automatic stabilizer of the business cycle.


Definitions:

Early Retirement Packages

Financial incentives offered by employers to encourage employees to retire before the traditional retirement age.

Prejudice

Preconceived opinions or judgments about individuals or groups based on stereotypes rather than facts.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often resulting in prejudice and discrimination against other cultures.

Ethnocentrism

The act of evaluating other cultures according to preconceptions originating in the standards and customs of one's own culture.

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