Examlex
Use the change-of-base formula to approximate the logarithm to three decimal places.
Income
Money received, especially on a regular basis, for work or through investments.
Income Effect
The change in an individual's or economy's income and how that change will affect the quantity demanded of a good or service.
Money Income
The total income in the form of money received by an individual or household before taxes from all sources in a given time period.
Consumer
Consumer is an individual or group that purchases goods or services for personal use, not for manufacture or resale, driving the demand side of the marketplace.
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