Examlex
The jet streams in the United States generally flow from west to east because of
Allocation of Resources
The process of distributing available resources for various uses in an economy.
Leaky Bucket
A metaphor often used in economics to describe the inefficiencies or waste that can occur in the distribution or allocation of resources.
Utilitarian Argument
A perspective in ethics that emphasizes the greatest good for the greatest number of people as the criterion for determining right actions.
Equalize Incomes
Strategies or policies implemented to reduce income inequality among individuals or households.
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