Examlex
Claudia believes that her own health is mostly due to genetics and germs, and she can do very little to improve her health. This attitude is consistent with
Regressive
Pertains to a situation or policy that has a disproportionately greater impact on those with lower income or status.
Excise Tax
A tax imposed on the sale or manufacture of specific goods, such as alcohol and tobacco, within a country.
Elasticity
A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in price.
Inelastic Supply
Describes a situation where the quantity supplied of a good changes by a smaller percentage than the percentage change in its price.
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