Examlex
Suppose that when the price rises by 10% for a particular good, the quantity demanded of that good falls by 20%. The price elasticity of demand for this good is equal to 2.0.
Iroquois Confederacy
A historic powerful and influential group of Native American tribes in the Northeastern United States, known for their political system and democratic governance.
Skilled Jobs
Employment positions that require specialized training, knowledge, or ability, often acquired through education or apprenticeship.
Charter of Liberties
A historic document that set out particular civil rights, often seen as a precursor to later bills of rights and constitutional guarantees.
Religious Toleration
The practice of allowing people to observe and practice different religious beliefs without persecution or discrimination, promoting a peaceful and diverse society.
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