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Network Effects: A Detailed Guide

Network Effects: A Detailed Guide

A network effect refers to an increase in the importance or value of a product or service with an increase in the number of its users....
8 min read
Inactivity rate
Definitions

Inactivity rate

EconomicsOnline • January 28, 2020 • 1 min read

Inactivity rate – definition

The labour market inactivity rate is the proportion of the population of working age who are not active in the labour market.

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Seigniorage Explained

Seigniorage Explained

Seigniorage refers to the difference between the face value of the currency and its production cost....
6 min read

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