Examlex
ICD-10-CM/PCS was implemented because
Budget Constraint
The limits imposed on household choices by income, wealth, and product prices.
Choice Set
The collection of all possible options available for selection by a decision-maker.
Leftover Income
The amount of income that remains after all necessary expenses, such as bills and living costs, have been paid.
Budget Constraint
A limit on the consumption bundles that a consumer can afford given their income and the prices of goods.
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