Examlex
Databases were developed as the first application of computers to data processing.
Deadweight Loss
The loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved or is unattainable, leading to misallocation of resources.
Tax Laws
Regulations governing how taxes are assessed, collected, and managed by government entities, including income, corporate, sales, and property taxes.
Income Taxes
Taxes imposed by governments on the income earned by individuals and corporations within their jurisdiction.
Property Taxes
Taxes paid by property owners based on the assessed value of their real estate, typically used to fund local services like schools, roads, and emergency services.
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