Examlex
The encoding of messages into words either written or spoken is known as:
Income
The total money received by an individual or household from various sources like wages, investments, and benefits, over a specified period, often used to fund expenditures.
Price
The price one must pay to obtain a good, service, or asset.
Claret
A term often used in Britain to refer to red Bordeaux wine.
Utility Function
A representation of how individual preferences are ranked for different bundles of goods.
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