Examlex
What 1974 Supreme Court decision forbade schools from busing students across school district lines to achieve racial balance unless it could be proven that those lines were intentionally drawn to segregate schools.
Luxury Item
A good or service that is considered non-essential but is desirable as it offers a sense of extravagance or comfort.
Household Budget
An itemized summary of expected income and expenses for a defined period of time, typically for a household.
Price-Elastic
Describes a situation where the demand or supply for a good or service significantly changes in response to price changes.
Price Elasticity
A measure of the responsiveness of quantity demanded or supplied to a change in price.
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