Examlex
If a customer issues a check that is returned marked NSF, you may charge the customer the amount of the penalty charges you impose.
Implicit Marginal Tax Rate
The rate at which additional income is effectively taxed due to the phase-out of benefits or allowances.
Government Transfers
Payments made by the government to individuals or other entities without expecting a good or service in return, such as social security or unemployment benefits.
Tax Rate
The percentage at which an individual or corporation is taxed by the government on income, consumption, or other economic activities.
Income Mobility
Refers to the ability of an individual or family to move up or down the economic ladder within a society over time.
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