Efforts to Provide Performance Incentives Through Market Competition and Competitive

question 24

True/False

Efforts to provide performance incentives through market competition and competitive private-versus-public bidding on government services are known as privatization efforts.

Explain the concept of economic income and how it is calculated.

Identify and understand the concepts of horizontal and vertical equity in taxation.

Describe how the benefits-received principle of taxation works and compare it to the ability-to-pay principle.

Calculate net worth based on assets and liabilities.

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Definitions:

National Labor Relations Board

A federal agency tasked with enforcing labor laws in the United States, particularly concerning collective bargaining and unfair labor practices.

Certification

The process of verifying the qualifications, skills, and competencies of an individual or organization, usually through the completion of an examination or evaluation.

Economic Strikes

Work stoppages by employees as a part of a labor dispute to enforce demands regarding wages, hours, and other working conditions.

Deep Background

Information provided to a journalist that cannot be attributed to a name or even a confidential source.