Examlex
A country has $30 million of domestic investment and net capital outflow of -$70 million. What is saving?
Strong Preferences
Intensely favorable biases or priorities individuals or groups hold for certain options or actions over others.
Paradox Of Voting
A situation in rational-choice theory where individual votes have little impact on the outcome, yet people still participate in elections.
Median-Voter Model
A political theory suggesting that the outcome of majority rule voting systems will represent the preferences of the median voter.
Public Good
A good that is non-excludable and non-rivalrous, meaning it can be enjoyed by all members of society without reducing its availability to others.
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