Examlex
In all instances other than a drawee of an unaccepted draft or uncertified check,the only presentment warranty that is given is that the warrantor is a person entitled to enforce the instrument or is authorized to obtain payment on behalf of the person entitled to enforce.
Standard of Living
A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
Productivity
The measure of the efficiency of production, often defined as the ratio of output produced to inputs used.
Net Exports
The value of a country's total exports minus its total imports, reflecting the balance of trade.
Capital Deepening
An increase in the amount of capital per worker; one source of rising labor productivity.
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