Examlex
The cost of changing a monetary policy instrument increases with the size of the change.
Disengagement Theory
A theory of aging that suggests an inevitable withdrawal from social roles and relationships as people age, leading to increased individual and societal well-being.
City Administrator
A professional appointed by a city council or mayor responsible for managing the daily operations of a city and implementing council policies.
Low Income
Refers to individuals or families that earn significantly less than the average income for their society or geographical area.
Accumulating Disadvantages
Refers to the process where disadvantages or negative circumstances build up over time, often exacerbating inequality.
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