Examlex
The U.S.Supreme Court ruled that a judge or jury must take into account specific aggravating and mitigating factors before deciding which convicted murderers should be sentenced to death.
Production Possibility Frontier
A curve depicting the maximum attainable combinations of two or more products that a business can produce with limited resources.
Capital Goods
Long-lasting goods, such as equipment or buildings, used to produce other goods or services.
Consumer Goods
Products and services that are consumed by individuals or households to satisfy their needs or wants.
Command Economy
An economy in which a central government either directly or indirectly sets output targets, incomes, and prices.
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