Examlex
The debt-equity ratio is an example of a ________ ratio.
Federal Government
The national government of a federated state, which shares powers with subnational governments under a system of federalism.
Maximin Criterion
A decision rule used under uncertainty, focusing on maximizing the minimum payoff or outcome.
Worst-off Person
Refers to an individual in a group or society who has the lowest welfare, income, or standard of living, often considered in discussions of equity and distributive justice.
Distribution of Income
Refers to the way in which total income is shared among the holders of different types of assets within an economy.
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