- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
1. Anything that is used in a production process, including both the services of primary factors and intermediate inputs. 2. Sometimes input refers only to intermediate inputs, as distinct from primary factors.
Industry:Economy
1. Too small to matter, usually meaning that the size of a variable or effect is small enough that it will not be noticed in comparison to whatever else is going on. 2. Not statistically significant.
Industry:Economy
1. An economic variable that is controlled by policy makers and can be used to influence other variables, called targets. Examples are monetary and fiscal policies used to achieve external and internal balance. 2. See financial instrument.
Industry:Economy
A financial arrangement to reduce risk. The purchaser of insurance pays a fixed amount, in return for which the seller agrees to pay some larger amount if an unlikely adverse event occurs.
Industry:Economy
A hypothetical, theoretical benchmark in which both goods and factors move costlessly between countries. The IWE is associated with a rectangular diagram depicting allocation of factors to countries, showing conditions for FPE. The name was coined by Dixit and Norman (1980), but the concept and technique was introduced by Travis (1964).
Industry:Economy
A target level for domestic aggregate economic activity, such as a level of GDP that minimizes unemployment without being inflationary. See the assignment problem. Contrasts with external balance.
Industry:Economy
A way of quantifying the stream over time of returns on an investment relative to its cost. Defined as the interest rate at which the present value of the returns equals the cost.
Industry:Economy
A network for cooperation among the antitrust agencies of a large number of both developed and developing countries.
Industry:Economy
A set of accounting standards set by the International Accounting Standards Board and required for use throughout Europe and parts of Asia, Africa and Latin America. Other countries have committed to adopt or converge toward these standards, and the United States permits non-US companies to report under them, although US companies use the Generally Accepted Accounting Priciples.
Industry:Economy
A United Nations specialized agency that establishes and monitors compliance with international standards for human and labor rights.
Industry:Economy
