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Which of the following items is NOT a reconciling item in the income tax footnote?
Full Employment
A situation where all available labor resources are being utilized in the most economically efficient way, with no involuntary unemployment.
Property Rights
Legal rights to possess, use, and dispose of assets including physical, intellectual, and real property.
Mutually Agreeable Transactions
Exchanges between parties that both sides consent to because they are beneficial.
Equal Distribution
The concept of ensuring that resources, wealth, or opportunities are evenly distributed among all members of society.
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