Examlex
A(n) _________________________ is any hardware component that conveys information to one or more people.
Income Equality
The equal distribution of income among all members of society, aiming to reduce economic disparities.
Economic Efficiency
A situation in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.
Social Insurance Programs
Programs that replace the earnings lost when people retire or are temporarily unemployed, that are financed by payroll taxes, and that are viewed as earned rights (rather than charity).
Means Tests
Evaluations used to determine an individual's eligibility for certain financial or social assistance based on their income or assets.
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