[Nextmove]

(Original post by thegenius31416)
This thread is too busy, I don't know who has just gone because someone posts before I can reply, haha

Just keep going lol! Just pick the last one and go with it!

[Tateco]

(Original post by Groat)
I'm not sure it matters too much.



Yield curve.

Equity (both meanings )

[MrEboueEmmanuel]

(Original post by Groat)
I'm not sure it matters too much.



Yield curve.

External cost

[Nextmove]

(Original post by Groat)
I'm not sure it matters too much.



Yield curve.

Economics - The study of the efficient allocation of scarce resources

[Groat]

(Original post by Nextmove)
Economics - The study of the efficient allocation of scarce resources

Substitute good - A good which is competing with another and has similar attributes.

[Tateco]

(Original post by MrEboueEmmanuel)
External cost

Trade-in-goods (just to avoid another E?)

[Tateco]

(Original post by Groat)
Substitute good - A good which is competing with another and has similar attributes.

Demand-deficient unemployment

[Nextmove]

(Original post by Groat)
Substitute good - A good which is competing with another and has similar attributes.

Demand - The quantity of goods purchased at a specific price at any given quantity

[Groat]

(Original post by tateco)
Trade-in-goods (just to avoid another E?)

Saving - disposable income minus spending.

[Tateco]

(Original post by Groat)
Saving - disposable income minus spending.

Gross domestic product - the value of the output produced within the domestic boundaries of a country

[Nextmove]

(Original post by Groat)
Saving - disposable income minus spending.

Giffen Goods - A good which is consumed more the price of the good rises. This violates the law of demand.

[Groat]

(Original post by Nextmove)
Giffen Goods - A good which is consumed more the price of the good rises. This violates the law of demand.

I knew the definitions would help - I knew there were such goods but didn't know of their name. Thanks!

(Original post by tateco)
Gross domestic product - the value of the output produced within the domestic boundaries of a country

Trend growth - the expected increase in potential output over time.

[MrEboueEmmanuel]

(Original post by Groat)
Saving - disposable income minus spending.

Gini coefficient-measure of inequality of a distribution, mainly used for income and wealth

[Groat]

(Original post by MrEboueEmmanuel)
Gini coefficient-measure of inequality of a distribution, mainly used for income and wealth

Trade-off - the decision on whether one good should be given up for another.

[Tateco]

(Original post by Groat)

Trend growth - the expected increase in potential output over time.

Human Capital

[Groat]

(Original post by tateco)
Human Capital

Labour

[Nextmove]

(Original post by tateco)
Human Capital

Laffer Curve - A curve which represents the relationship between government revenue and the rates of taxation.

[MrEboueEmmanuel]

(Original post by tateco)
Human Capital

Lorenz curve- graphical representation of the proportionality of a distribution.

[ArsLongaVitaBrevis]

(Original post by Nextmove)
Laffer Curve - A curve which represents the relationship between government revenue and the rates of taxation.

Equilibrium - when supply and demand are balanced.

[Tateco]

(Original post by Groat)
Labour

Revenue