Choice
Nikolay Krylovskiy2020-02-04T12:04:24-05:00Choice Choice refers to the ability of a consumer or producer to decide which good, service or resource to purchase ...
Freedom of choice
- Definitions
- Choice
Competition_Commission
Nikolay Krylovskiy2020-02-04T12:04:24-05:00Competition Commission The Competition Commission (CC) was an independent public body established in 1999 to promote competition in the UK ...
Definitions_home
Nikolay Krylovskiy2020-02-04T12:04:24-05:00Definitions Use the drop-down menu to find a definition, or use the search function.
National_income-definition
Nikolay Krylovskiy2020-02-04T12:04:24-05:00National income - definition The commonest indicator of a country's national income is its Gross Domestic Product (GDP). There are ...
Gender_pay_gap
Nikolay Krylovskiy2020-02-04T12:03:30-05:00Gender pay gap The gender pay gap is the difference between average female earnings and male earnings, where female earnings ...
List
Nikolay Krylovskiy2020-02-04T12:03:30-05:00A Activity rate Ad valorem tax Affordability Index Aggregate demand Aggregate supply Asymmetric information B Balance of payments Buffer stock ...
Measure_of_economic_welfare
Nikolay Krylovskiy2020-02-04T12:03:30-05:00Accelerator effect The accelerator effect suggests that a small change in national output (GDP) can trigger a larger change in ...
Quota
Nikolay Krylovskiy2020-02-04T12:03:30-05:00Accelerator effect The accelerator effect suggests that a small change in national output (GDP) can trigger a larger change in ...
YED
Nikolay Krylovskiy2020-01-29T13:40:48-05:00YED - definition Income elasticity of demand refers to the responsiveness of demand for a good to a change in ...
XED
Nikolay Krylovskiy2020-01-29T13:38:55-05:00Cross elasticity of demand (XED) - definition Cross elasticity of demand refers to the responsiveness of demand for one good ...