Examlex
The horizontal axis of a sequence diagram represents ____.
Substitution Effect
The change in consumption patterns due to a change in relative prices, causing consumers to substitute away from more expensive items towards cheaper ones.
Employment
Refers to the condition of having paid work or the relationship between an employer and an employee where the employee provides labor in exchange for compensation.
Capital
Financial assets or the financial value of assets, such as cash and goods used to generate income or wealth.
Rent
Payment made, typically on a monthly basis, for the use of someone else's property or land.
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