Examlex
Discuss the process through which judges are appointed to the federal judiciary.
Certain Income
Certain income refers to a guaranteed or fixed amount of earnings that an individual or entity can expect to receive over a period.
Uncertain Income
Uncertain income refers to earnings that fluctuate and are not guaranteed, often associated with irregular work or investment returns.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Marginal Utility
The added gratification or usefulness experienced from the consumption of an additional unit of a good or service.
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