Examlex
The flywheel should not be resurfaced unless there are hot spots on its surface or the rivets on the clutch disk have made contact with the flywheel surface.
Interest Rate
The remuneration, depicted as a fraction of the principal, that a lender exacts from a borrower for asset utilization.
Income Effect
A change in the consumption patterns of individuals or economies due to a change in real income or purchasing power.
Labor-Supply Curve
A graphical representation showing the relationship between the quantity of labor supplied by workers and the wage rate.
Income Effect
How an alteration in income levels for a person or economy affects the demand for a particular good or service.
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