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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The everyday usage of the word unemployed is usually broad enough to include disguised unemployment, and may include people with no intention of finding a job. For example, a dictionary definition is: "not engaged in a gainful occupation", [7] which is broader than the economic definition.
Screen time is the amount of time spent using an electronic device with a display screen such as a smartphone, computer, television, video game console, or tablet. [1] The concept is under significant research with related concepts in digital media use and mental health. Screen time is correlated with mental and physical harm in child ...
Some time sinks become popular and are therefore not as commonly referred to as a time sink. More examples of time sinks include watching a sports game, spending time at a bar, spending a day at the beach, day-long spa treatments, and camping in the woods. A time sink generally has a negative connotation but it can be a more neutral term.
Kids typically tune out when their parents fire off the clichés about money -- "A penny saved is a penny earned" or "Money doesn't grow on trees" -- but they'd be wise to tune in to the financial...
Nature-deficit disorder is the idea that human beings, especially children, are spending less time outdoors than they have in the past, and the belief that this change results in a wide range of behavioral problems. This disorder is not recognized in any of the medical manuals for mental disorders, such as the ICD-10 [1] or the DSM-5. [2]
While 29% plan to spend less than $1,500 per month, 29% also plan to spend between $1,500 to $2,000 monthly. In other words, nearly 60% of Americans plan to live off a monthly retirement allowance ...
In theory, near-zero interest rates should encourage firms and consumers to borrow and spend. However, if too many individuals or corporations focus on saving or paying down debt rather than spending, lower interest rates have less effect on investment and consumption behavior; increasing the money supply is like "pushing on a string". [42]