Examlex
Explain the issue of ethical relativism in a global environment.Give an example.
Current Consumption
The amount of goods and services consumed by individuals or households in the present period.
Marginal Utility
Additional contentment or usefulness achieved through the use of one more unit of a good or service.
Utility
In the field of economics, the complete pleasure derived from the consumption of a product or service.
Budget
A projection of revenues and expenses for a specified timeframe.
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