Examlex
Solve the problem.
-A boat can go 105 mph in still water. It takes as long to go 560 miles upstream as it does to go downstream 640 miles. How fast is the current?
Efficiency
The optimal allocation of resources to maximize the production of goods and services or the achievement of a given objective with the least amount of waste.
Equality
Having parity in terms of opportunities, rights, and social status.
Progressive Income Tax
A tax system where the tax rate increases as the taxable amount of an individual's or entity's income increases, aiming to redistribute income more equally.
Efficiency
The degree to which an entity optimizes the use of its resources to achieve its objectives, minimizing waste and maximizing output.
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