Examlex
A URL consists of a protocol, domain name, and sometimes a path and file name.
Off the Books
Financial transactions or employment that are not officially recorded or declared, often to avoid taxes or adhere to regulations.
Inefficiently High Quality
A form of inefficiency in which sellers offer high-quality goods at a high price even though buyers would prefer a lower quality at a lower price; often the result of a price floor.
Government Imposes
Actions undertaken by a government to enforce regulations, taxes, or penalties on individuals or organizations.
Binding Price Floor
A price floor set above the equilibrium price, causing a surplus because the quantity supplied exceeds the quantity demanded.
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