Examlex
Animals that have a ventral nerve cord during embryonic development are classified as chordates.
Standard of Living
The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
Saving
The process of setting aside a portion of current income for future use, either by depositing money in a bank or purchasing financial instruments.
Benefits-Received Principle
A theory of fairness holding that taxpayers should contribute to government (in the form of taxes) in proportion to the benefits they receive from public expenditures.
Public Goods
Items whose consumption is not depleted by an additional consumer and from which individuals cannot be excluded from using.
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