Examlex
For given inputs of labor and capital, if technology is better, labor productivity will be
Warranty Of Merchantability
An implied guarantee that a product will meet reasonable standards of quality and performance.
Privity Of Contract
A doctrine in contract law which states that contracts are only binding on the parties signing the agreement and no third party can enforce the contract or be sued under it.
Strict Liability
A legal doctrine holding an individual or entity responsible for damages or harm caused without the need for proof of negligence or fault.
Modified
This term refers to something that has been changed or altered from its original form.
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Q79: An example of an intermediate good would
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Q202: Nominal GDP is<br>A) also called real GDP.<br>B)