Examlex
How is a reflex that involves signals sent along autonomic sensory nerves classified?
Self-Interest
Acting in a way that is most personally beneficial, often used in economics to describe behavior in markets.
Insurance Premiums
The amount paid periodically to an insurance company by policyholders for coverage and to keep the policy active.
Central Planning
An economic system where decisions about production, investment, and distribution are made by the government or a central authority.
Consumer Sovereignty
The concept that consumers' preferences determine the production of goods and services, guiding the allocation of resources in a market.
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