Examlex
Which of the following is an attribute of a banker's acceptance?
Progressiveness
A political or social philosophy advocating or implementing social reform or new, liberal ideas.
Tax Revenue
The income that is gained by governments through taxation, forming a significant part of their funding for public expenditures.
Elastic Demand
A situation where the quantity demanded of a good or service changes significantly in response to price changes.
Inelastic Supply
A supply condition where quantity supplied does not change significantly when there is a change in price.
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