Examlex
MDMA is also known as Ecstasy.
Transfer Payments
Payments made by the government to individuals or other entities without receiving any goods or services in return, such as welfare or subsidies.
Federal Taxes
Taxes levied by the national government on income, property, sales, and other activities, used to fund public services and programs.
Automatic Stabilizers
Economic policies and programs, such as unemployment insurance and progressive taxes, that automatically adjust to stabilize economic fluctuations.
Business Cycle
The natural rise and fall of economic growth over time, characterized by periods of expansion, peak, contraction, and trough.
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