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Match the following:
-Reflects an orderly, idealized view of organizational behavior
Variable Costs
Costs that vary directly with the level of production or sales, such as materials and labor.
Corporate Tax Rate
The percentage of a corporation's profits that is paid to the government as tax.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Variable Costs
Costs that vary directly with the level of production or the volume of services provided.
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