Examlex
Which of the following states about merit pay is NOT true?
Private Good
A type of good that is both excludable and rival in consumption, meaning access to the good can be limited by a seller and its use by one person diminishes the availability to others.
Basic Research
Investigative study aimed at gaining a comprehensive understanding of the fundamental aspects of phenomena without immediate commercial goals.
Discrimination
The offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics.
Birth Rate
The number of live births per thousand of the population per year.
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