Examlex
Economists use the terms resource and input as synonyms.
Minor
A person under the age of majority, legally considered incapable of making certain decisions and contracts on their own behalf.
Ratify
To formally approve or confirm an agreement or treaty, making it officially valid.
Enforceable
Capable of being imposed or upheld by legal means or action.
Statutory Law
Laws enacted by a legislative body, such as Congress or a state legislature.
Q1: A severe problem that many economists have
Q5: Which of the following accounts for about
Q7: In the nineteenth century,some countries were on
Q13: If purchasing power parity holds,when a country's
Q89: A demand schedule is a numerical tabulation
Q94: In moving along a demand curve for
Q104: The effect of a decrease in interest
Q107: Refer to Exhibit 1-4.If the student whose
Q138: Refer to Exhibit 2-8.For Maya,the opportunity cost
Q154: The law of diminishing marginal utility helps