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Explain the law of diminishing returns and explain whether the law of diminishing returns applies in the long run?
Worker Productivity
The measurement of the efficiency of a worker or workforce, evaluated by the amount of work output per unit of work input.
Health Insurance
Category of insurance that pays for losses due to illness or injury.
Social Security
Social Security is a government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and survivors.
Unemployment Insurance
A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.
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