RESOURCE ABSORPTION Definition

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RESOURCE ABSORPTION, in business, is the depletion of the finite resources available to a company, i.e., labor, machinery, materials, etc.

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STATE UNEMPLOYMENT TAX ACT (SUTA), in the U.S., is the same as FUTA except from an individual U.S. state in compliance to federal guidelines. See also FEDERAL UNEMPLOYMENT TAX ACT.

M1 is the narrowest measure of the U.S. money supply; includes currency in circulation plus demand deposits (checking account balances).

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