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If firms sell less output than expected, planned investment:
Permanently Laid Off
A situation where an employee is dismissed from their job without the expectation of being rehired, often due to organizational restructuring or economic downturns.
Registered Retirement Savings Plans
A type of Canadian account for holding savings and investment assets, aimed at savings for retirement.
Accumulate Tax-Free
The process of earning or saving money without having to pay taxes on the gains, usually within specific investment accounts or schemes.
Workers' Compensation Insurance
Insurance that provides wage replacement and medical benefits to employees injured in the course of employment.
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