Examlex
Which of the following is not an example of explicit knowledge?
Initial Equilibrium
The starting point at which supply and demand are in balance before any external changes affect the market.
Interest Rate
The fee, shown as a percent of the principal, that a lender imposes on a borrower for the utilization of assets.
Government Spending
Financial expenditures by the government, including investments, consumption, and transfer payments, aimed at influencing the economic activity.
Total Income
The aggregate earnings received by an individual or entity, including wages, salaries, profits, rent, and other income streams, over a specific time frame.
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