Examlex
The minimum wage when measured in constant dollars rose throughout Ronald Reagan's presidency.
Negative Externality
A negative externality occurs when a product or decision costs a third party who did not choose to incur that cost.
Wooden Sculpture
A piece of art or decorative object carved from wood.
Safety Hazard
A condition in the workplace or environment that has the potential to cause harm or injury to people.
Market Equilibrium
A condition where the quantity of a good or service supplied equals the quantity demanded, leading to no upward or downward pressure on price.
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