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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 ...
A thesaurus (pl.: thesauri or thesauruses), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms, sometimes simply as lists of synonyms and antonyms.
In the economics study of the public sector, economic and social development is the process by which the economic well-being, standard of living and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives.
Your financial figure for what it means to have reached success may have gone down over the years. Read Next: 6 Things... Here Are Every Generation’s Definitions of Financial Success — And How ...
An organization may use KPIs to evaluate its success, or to evaluate the success of a particular activity in which it is engaged. KYC – "Know Your Customer" refers to due diligence activities that financial institutions and other regulated companies must perform to ascertain relevant information.
The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time.
People with common names were more likely to be hired, and those with rare names were least likely to be hired. That means that the Jameses, Marys, Johns, and Patricias of the world are in luck .
Consumers use the service to access definitions, spelling and synonyms via text message. Services also include Merriam-Webster's Word of the Day —and Open Dictionary , a wiki service that provides subscribers the opportunity to create and submit their own new words and definitions.