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Mike arrives at his class after the students and teacher have already begun discussing the topic for the day. Mike doesn't make any contributions during discussion. Based on what you know, which of the following is (are) inferences about Mike?
Efficiency
The optimal allocation of resources to maximize the production of goods and services or the achievement of a given objective with the least amount of waste.
Equality
Having parity in terms of opportunities, rights, and social status.
Progressive Income Tax
A tax system where the tax rate increases as the taxable amount of an individual's or entity's income increases, aiming to redistribute income more equally.
Efficiency
The degree to which an entity optimizes the use of its resources to achieve its objectives, minimizing waste and maximizing output.
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