Examlex
Solve the problem.
-The sum of the digits of a 3-digit number is 18. The units digit is one less than the tens digit and the tens digit is one less than the hundreds. What is the number?
Transfer Payments
Payments made by the government to individuals for which no good or service is provided in return, such as welfare, unemployment benefits, and social security.
Welfare Benefits
Welfare benefits are financial or service-based assistance provided by the government to support individuals and families in need, aiming to ensure a minimum standard of living.
Economic Contractions
Periods where an economy experiences a decline in its general economic activity, often marked by reduced GDP.
Laissez-faire
An economic philosophy of free-market capitalism that opposes government intervention in business affairs.
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