Examlex
What do the classification systems NIC and NOC provide?
Cash Income
Income received in the form of money as opposed to in-kind benefits or services, often considered for taxation and reporting purposes.
Official Poverty Line
A government-determined threshold of income used to measure and identify the population that lives in poverty, often adjusted for inflation and family size.
Department of Agriculture
A government agency responsible for developing and executing federal laws related to farming, forestry, rural economic development, and food.
Government Transfer Program
A system where the government redistributes income, often to support the poor, elderly, or unemployed, through benefits or subsidies.
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