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When the price system fails to generate an efficient allocation of resources
Aprons
Protective garments worn to keep clothes clean during cooking or other activities.
Annual Salary
The total amount of money earned by an employee in a year, not including bonuses or other extra payments.
Direct Deposit
Payroll or other types of checks that are directly and electronically deposited into a bank account.
Gross Pay
The total amount of an employee's earnings before any deductions are made, such as taxes and retirement contributions.
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