Examlex
The cross elasticity of demand for substitutes is always positive.
Incentive
something that motivates or encourages an individual or entity to perform or act in a certain manner.
Poverty Line
A threshold income level below which an individual or household is considered to be living in poverty, varying by country and adjusted for family size.
Poverty Rate
The percentage of the population living below the national poverty line, indicating the proportion of people with income insufficient to meet basic needs.
Income Distribution
The way in which a nation’s total earnings are divided among its population.
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