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The most common police agency in the U.S. is the state police.
Flood Insurance
A type of insurance policy that covers property loss and damage due to flooding, often required in high-risk flood areas.
Flood Plains
Flat areas adjacent to rivers and streams that are subject to periodic flooding, often characterized by fertile soil.
Positive Correlation
A relationship between two variables in which both move in the same direction, meaning as one variable increases, the other also increases.
Moral Hazard
A situation in which one party is more likely to take risks because they do not bear the full consequences of their actions, often due to information asymmetry.
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