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NATIONAL SCIENCE FOUNDATION: An independent agency of the U.S. Government whose main goals are: (1) to promote the progress of science, (2) to advance the national health, prosperity, and welfare, and (3) to secure the national defense. The National Science Foundation (NSF) funds research and education in science and engineering through grants, contracts, and cooperative agreements in all parts of the United States. The governing board of the NSF is the National Science Board, which is composed of 24 part-time members, appointed by the President and confirmed by the Senate. The NSF was established by the National Science Foundation Act signed by President Harry S. Truman in 1950.
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Lesson 7: Market Equilibrium | Unit 5: The Method
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Page: 18 of 22
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Topic:
Efficient Markets
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Rethinking demand and supply curves indicates efficiency of markets. Market equilibrium has: - Equality between quantity demanded and quantity supplied.
- Equality between demand price and supply price.
- Equality between demand price and supply price means that the satisfaction obtained from the good produced is equal to the opportunity cost of production.
- This equality between prices also means that the value of the good produced is equal to the value of goods not produced.
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TAXATION PRINCIPLES Taxes are the mandatory payments made by members of society to governments to finance government operations. The study of public finance identifies several key principles of taxation -- tax effects (revenue and allocation), tax proportionality (proportional, progressive, and regressive), tax payments (benefit and ability-to-pay), tax equity (horizontal and vertical).
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BROWN PRAGMATOX
[What's This?]
Today, you are likely to spend a great deal of time strolling through a department store hoping to buy either decorative celebrity figurines or a flower arrangement with anything but tulips for your grandfather. Be on the lookout for infected paper cuts.
Your Complete Scope
This isn't me! What am I?
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A U.S. dime has 118 groves around its edge, one fewer than a U.S. quarter.
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"Plans are only good intentions unless they immediately degenerate into hard work." -- Peter Drucker, management consultant
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NLLS
Nonlinear Least Squares
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