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Which of the following is NOT an adjusting entry?
Well-Being
relates to the general health, happiness, and quality of life of an individual or population, encompassing physical, mental, and social aspects.
Inequality
The unequal distribution of income, wealth, opportunities, and resources within a society.
Proportional Income Tax
A tax system where the tax rate is fixed and the same for all income levels, applied uniformly as a percentage of income.
Higher Income
Pertains to individuals or households that earn above average or significantly more money compared to the general population, often associated with greater purchasing power.
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