Examlex
What is income splitting? Under what circumstances will it provide tax benefits to an indi- vidual?
Market Efficiency
The degree to which market prices reflect all available, relevant information, leading to optimal allocation of resources.
Quota
A regulatory limit on the quantity or value of a particular product that can be traded or produced.
Price Floor
A government or group-imposed price control that sets the minimum price at which a product can be sold.
Excess Supply
A situation in the market where the quantity supplied of a good exceeds the quantity demanded, often leading to a decrease in price.
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