Examlex
Which of the following statements reflect(s) the ethical views of economists?
I. respect for individual preferences
II. support of voluntary transactions
III. treat people equally
Generating and Storing Solar Energy
The process of converting sunlight into electricity and storing that energy for later use.
Mandatory Retirement
A policy or rule that requires employees to retire at a certain age regardless of their wish or capability to continue working.
Labor Force
The total number of people employed and unemployed, who are actively looking for work and capable of working.
Marginal Benefit Curve
A graphical representation showing how the benefit (utility or satisfaction) to a consumer changes as consumption of a good or service increases.
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