Examlex
A team is a unit of two or more people who work together to achieve a shared goal.
Economic Pie
A metaphor for the total amount of wealth or resources available in an economy that can be distributed among its participants.
Standard of Living
The extent of financial status, comfortability, worldly possessions, and essentials provided to a certain community class or area.
Total Output
The aggregate production of goods and services in an economy at a given time, typically measured as Gross Domestic Product (GDP).
Marginal Benefit
The additional satisfaction or utility gained from consuming or producing one more unit of a good or service.
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