Examlex
If pizza and tacos are substitutes,a decrease in the price of tacos would lead to a
Gross Savings Rate
The total level of savings within an economy expressed as a percentage of total income.
2000
Marks the year notable for events such as the dot-com bubble peak, and the U.S. presidential election, which resulted in George W. Bush's victory.
Mancur Olson
Mancur Olson was an American economist and political scientist known for his work on public goods and his theory of collective action, explaining how individuals can work together to achieve common goals.
Developed Nations
Countries with high levels of industrialization, a higher standard of living, and advanced technological infrastructure.
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