Examlex
Graphical techniques should not be used to present data if accurate tabular forms for the same data are available.
Pigouvian Subsidies
Financial incentives given by the government to encourage activities that have positive external effects on society.
Government Transfers
Payments by the government to individuals for which no good or service is provided in return.
Deadweight Loss
Deadweight loss is the decrease in total surplus (both consumer and producer surplus) that occurs when a market is not in perfect competition, typically due to inefficiencies like taxes, subsidies, or monopolies.
Disposable Income
The amount of money that households have available for spending and saving after income taxes have been accounted for.
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