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Define marginal propensity to consume.
Merit Principles
Guidelines that govern the fair and impartial treatment of government employees, focusing on performance and qualifications.
Independent Sector
A term often used to describe the collection of organizations and institutions that operate outside of the government and for-profit sectors, usually encompassing nonprofits and voluntary organizations.
McGregor's Theory Y
A management concept that assumes employees are self-motivated, seek responsibility, and can solve problems creatively.
Scientific Management Theory
A theory of management that analyzes and synthesizes workflows, with the goal of improving economic efficiency and labor productivity.
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