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The human resource management (HRM) practices of giants like Wal-Mart and General Motors also work for small businesses.
Physiological Factors
Biological components that can affect the functioning of the body and influence health, such as genetics, hormone levels, and nutritional status.
Regressive Tax
At the individual level, a tax whose average tax rate decreases as the taxpayer’s income increases. At the national level, a tax for which the average tax rate (= tax revenue/GDP) falls as GDP rises.
Income Groups
Categories of individuals or households segmented by income levels, often used for statistical analysis and policy design.
Proportional Tax
At the individual level, a tax whose average tax rate remains constant as the taxpayer’s income increases or decreases. At the national level, a tax for which the average tax rate (= tax revenue/GDP) remains constant as GDP rises or falls.
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