Examlex
The infant-mortality rate refers to the number of deaths of live-born infants under _________ of age per 1,000 live births in a given year.
Budget Equation
A financial formula that equates an individual's or entity's income to their total expenses.
Leisure
Free time spent away from business, work, and domestic chores, often dedicated to relaxation, hobbies, or enjoyment.
Nonlabor Income
Refers to earnings that do not come from employment or work performed but from other sources such as investments, pensions, or inheritance.
Wage Rate
the standard amount of compensation given for labor services per unit of time, often expressed per hour or year.
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