Examlex
What is the macro position of a lens?
Laissez-Faire Economy
A market system in which private-party transactions are conducted without the interference of government actions like regulations, privileges, tariffs, and subsidies.
Marginal Tax Rate
The tax rate paid on the next dollar earned.
Average Tax Rate
Total amount of tax paid divided by total income.
Total Taxes
The aggregate amount of taxes collected by a government from individuals and businesses.
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