Examlex
A resident is going to use his urinal.What should he do with the urinal when done?
Rent-seeking Behavior
Actions by individuals or firms to increase their own wealth without creating new wealth or value, often through manipulating the social or political environment.
Single Payer
A healthcare finance mechanism where a single public or quasi-public agency organizes health care financing, but delivery of care remains largely in private hands.
Budget Deficit
A situation where a government's expenditures surpass its revenues within a specific fiscal period, leading to borrowing or debt accumulation.
Price Floor
A legally established minimum price that can be charged for a good or service, typically above the equilibrium price, to prevent market prices from falling too low.
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