Examlex
Lottery
A method of distributing something (usually money or prizes) among a group of people by lot or by chance.
Interest Rate
The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, usually on an annual basis.
Income
The financial earnings received by an individual or entity, typically measured over a set period and derived from wages, investments, or sales.
Cobb-Douglas Utility Functions
A type of utility function used in economics to represent the utility of an individual consumer derived from consuming different amounts of goods or services.
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