Examlex
Match each of the following terms with its correct definition.
-Toward the back of the body
Extra Income
Additional money earned beyond the regular income, which can come from various sources such as a second job, investments, or side businesses.
Compensating Variation
A monetary measure of the amount of income required to return an individual to their original utility level after a price change.
Price Increase
A rise in the cost of goods or services, which can occur due to various factors including increased production costs, higher demand, or inflation.
Optimal Bundle
The combination of goods and services that maximizes an individual's utility given their budget constraint.
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