Examlex
How would deposits in transit be dealt with in a bank reconciliation?
Excludable
A characteristic of a good or service that means it can be restricted to only those who pay for it; the opposite of a public or non-excludable good.
Rival in Consumption
A characteristic of goods where one individual's consumption prevents or decreases others' ability to consume the same good.
Corrective Tax
A tax designed to correct market outcomes by accounting for externalities, encouraging more efficient allocation of resources.
Variable Toll
A pricing strategy that adjusts toll amounts based on current traffic conditions, often used to manage congestion on roads.
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