Examlex
Behaviour-based interviewing works well when assessing candidates for managerial positions,but not so well when assessing candidates for technical positions like accounting.
Intrinsic Value
The true, inherent, and perceived value of an asset, not necessarily reflected in its current market price.
Medium Of Exchange
is anything widely accepted as a means for payment of goods and services, facilitating trade by avoiding the limitations of barter.
Economic Efficiency
A state in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.
Fiat Money
Money that is recognized as legal tender by a government, though it lacks backing by any tangible asset.
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