Examlex
A machinist with normal vision has a near point at 25 cm.This machinist wears +4.25-diopter eyeglasses in order to do very close work.With these eyeglasses,what is the near point of the machinist? Assume that he wears the glasses extremely close to his eyes.
Inheritance
Inheritance involves the passing of assets, properties, and debts from the deceased to their heirs or beneficiaries.
Command Economy
An economic system where the government controls all major aspects of production, investment, and distribution.
Laissez-Faire
An economic theory from the 18th century that is strongly against the government interfering in the marketplace.
Invisible-Hand
A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest inadvertently benefits society at large.
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