Examlex
There are 60 arcseconds in 1 degree.
Market Efficiency
The extent to which market prices fully reflect all available information and adjust to new information swiftly.
Rent Controls
Government-imposed restrictions on the maximum rent charges, intended to keep housing affordable.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price level in a given period.
Black Market
An illegal trade of goods or services that are not sanctioned by the authority, often to avoid taxes or because the goods are prohibited.
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