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roundabout method of production (D2) A method of production using CAPITAL goods to increase the future PRODUCTIVITY of factors of production. In a simple case such as fishing, the roundabout method would be used if labour were first expended on producing rods and nets, rather than attempting to catch fish with one's bare hands, so that fish can be caught in greater numbers in a given time period. This concept was central to B6HM-BAWERK's capital theory.<br /><em>See also:</em> capitalism
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<strong>Servicer</strong> – An entity that enters into a contract with a program participant to administer any aspect of its participation in a Title IV program. Schools, lenders, secondary markets, guarantors, and the federal government may all employ servicers. MOHELA, Nelnet, and Sallie Mae are all FFEL Program servicers operating in the state of Missouri.
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