Examlex
Jeremy Bentham called cost-benefit analysis "running the numbers"
Budget Constraint
An economic model that depicts the combination of goods and services an individual, household, or firm can purchase, given their income and prevailing prices.
Leftover Income
The amount of money an individual or household has after all expenses and taxes have been paid; also known as disposable income.
Bundle
A collection or group of goods or services that are considered together as a single combined unit.
Monthly Income
The total amount of income received on a monthly basis from all sources.
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