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When faced with financial emergencies, such as unemployment, individuals and families should first use:

a. emergency savings.

b. unemployment benefits.

c. borrowed money.

d. emergency savings and unemployment benefits.

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  1. 8 March, 12:27
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    Option C - Emergency savings and unemployment benefits.

    Explanation:

    An emergency savings fund is a source of ready cash in case of an unplanned expense, an illness, or the loss of a job.

    Unemployment benefits are payments made by authorized bodies to unemployed people. Benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens.
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