Examlex
Divide and simplify.
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Corporate Sector
The segment of the economy that is comprised of companies or corporations and is distinguished from the public sector and private individuals.
Noncorporate Sector
The part of the economy composed of households and unincorporated businesses, contrasted with the corporate sector which consists of incorporated businesses.
Elasticity Of Labor Supply
The responsiveness of the quantity of labor offered to changes in wage rates.
Payroll Tax
Monetary charges on employers or their employees, usually reckoned as a share of the salaries given to staff.
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