NORMALIZED EARNINGS Definition

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NORMALIZED EARNINGS is earnings that have been adjusted in order to take into account the effect of cycles in the economy.

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COUNTERBALANCE is a compensating equivalent or to oppose and mitigate the effects of something by contrary actions.

LABOR INTENSIVE is used to describe industries or sectors of the economy that relies relatively heavily on inputs of labor, usually relative to capital but sometimes to human capital or skilled labor, compared to other industries or sectors.

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