Examlex
Which of the following best describes the consequences of the U.S. system of decentralized funding?
Labor-saving Devices
Tools, machines, or systems that reduce the amount of labor needed to perform a task or produce a good.
Proprietor's Income
The income earned by the owners of unincorporated businesses for their labor and capital investment.
Salary
A fixed regular payment, usually expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.
Economic Forecasts
Predictions about future economic activity, including growth rates, inflation, and labor market conditions, based on current and historical data.
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