Examlex
A 100 g tennis ball attached to a string is rotated about a 3 meter radius. If the string broke when it was at 15 N of tension, how fast was the ball moving?
Consumption
The use of goods and services by households, constituting a primary component of GDP.
Price Mechanism
The system in which the forces of supply and demand determine the prices of goods and services in a market economy.
Wage
Compensation in the form of financial payment received by an employee from an employer in exchange for work performed.
Price Controls
Government regulations establishing maximum or minimum prices to be charged for specified goods and services, often intended to manage inflation or protect consumers.
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