Examlex
Pyromania is characterized by the urge to set fires for pleasure, gratification, or relief of tension.
Long Span
A term typically referring to an extensive period or duration, often used in the context of construction (for structures with large distances between supports) or careers (lengthy professional life).
Saving Benefits
The advantages gained from setting aside income or resources for future use, including accruing interest, financial security, and preparedness for emergencies.
Substitution Effect
This refers to the economic theory that as prices rise or fall, consumers will replace more expensive items with less costly alternatives.
Income Effect
Refers to the change in an individual's or economy's income and how that change will affect the quantity demanded of a good or service.
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