Examlex
Which of the following is a committee that reviews the procedures of studies done with humans to ensure that the benefits of the study substantially outweigh any risks to the participants and that the risks to the participants have been minimized?
Persistent Shortage
A situation where the demand for a good or service consistently exceeds its supply, over a significant period of time.
Deadweight Loss
The loss of economic efficiency when the equilibrium for a good or a service is not achieved or is not achievable.
Rent Control
A government policy or law that sets a maximum price landlords can charge for rent.
Opportunity Costs
The cost of the next best alternative foregone when making a decision.
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