Examlex
WorldCom committed financial statement fraud by deliberately overstating expenses.
Second Earners
Refers to individuals in a household who contribute income in addition to the primary breadwinner, often impacting households' labor supply decisions and overall economic dynamics.
Price Elasticities
A measure of how much the quantity demanded of a good responds to a change in the price of that good.
Deadweight Loss
An economic inefficiency that occurs when the allocation of resources is not optimal, often resulting from taxes or monopolies.
Behavioural
Relating to or focusing on the actions or reactions of individuals, often in response to external stimuli.
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