Examlex
In the United States 49 of the 50 states are required to have an annually balanced budget, which worsens the severity of the business cycle.
Opportunity Cost
The value of the best alternative that must be sacrificed in order to pursue a certain action.
Motorcycles
Two-wheeled vehicles powered by an engine, often used for both everyday transport and recreational activities.
SUVs
Sport Utility Vehicles; a category of motor vehicles that combine elements of road-going passenger cars with features from off-road vehicles, such as raised ground clearance and four-wheel drive.
Comparative Advantage
The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than competitors.
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