Examlex
For an imaginary economy,the value of the consumer price index was 140 in 2013 and 146.5 in 2014.The economy's inflation rate for 2014 was
Principals
In economics and finance, a principal refers to an individual or entity that owns a business or transaction, and has the primary responsibility.
Agents
Individuals or entities that act on behalf of others in economic transactions or negotiations.
Rent-Seeking Behavior
Activities aimed at gaining financial benefits through manipulation or exploitation of the political or economic environment rather than through trade and production of wealth.
Ballot Measure
A proposal put to a vote of the general public, allowing voters to make direct decisions on legislation or policy issues.
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