Examlex
Compared to main memory, secondary storage offers the advantages of volatility, increased capacity, and lower costs.
Tradable Pollution Permits
A regulatory system that allows companies to buy or sell allowances for a specific amount of pollution, encouraging reduction in overall emissions.
Free Market
An economic system in which prices are determined by unrestricted competition between privately owned businesses.
Final Allocation
The ultimate distribution of goods, services, or resources among different parties or locations.
Corrective Tax
A tax designed to encourage or discourage certain behaviors or activities by including the cost of externalities, aimed at correcting market outcomes to reflect social costs or benefits.
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