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Departments can make efficiency improvements up to a point, but eventually ever-smaller budgets make it difficult to provide core services. 部门可以将效率提高到一个点，但最终规模较小的预算难以提供核心服务。 From priso

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An obvious apparent difference between dividends and buy-backs is that every shareholder gets the dividend but not all of them tend to take part in a buy-back. 股息与回购的明显区别是每个持股人都会得到分红，但并不是所有的持

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