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Which of the Following Fundamental Resources Is the Basis of Labor

question 88

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Which of the following fundamental resources is the basis of labor?


Definitions:

Tax Rates

The percentages at which income, purchases, or other financial transactions are taxed by governments.

Saving

Disposable income not spent for consumer goods; equal to disposable income minus personal consumption expenditures.

Deregulation

The process of reducing or eliminating government power in a particular industry, usually to create more competition within the industry.

Transactional Motive

relates to the need to hold cash for the purpose of conducting day-to-day transactions.

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