Examlex
Felonies are generally defined as serious criminal offenses that violate federal law, not state law.
Purchasing-Power Parity
An economic theory stating that in the absence of transaction costs and with efficient markets, equivalent goods should have the same price when converted into a common currency.
Purchasing-Power Parity
A theory which posits that currencies are in equilibrium in terms of exchange rates when the purchasing power in both countries is identical.
Gold
A yellow precious metal valued for its rarity, durability, and use in jewelry, electronics, and as a form of currency.
Net Exports
The sum total of a country's exports minus its imports, showcasing the balance of trade.
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