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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 aggravate – Some have argued that this word should not be used in the sense of "to annoy" or "to oppress", but only to mean "to make worse". According to AHDI, the use of "aggravate" as "annoy" occurs in English as far back as the 17th century. In Latin, from which the word was borrowed, both meanings were used. Sixty-eight percent of AHD4's usage panel approves of its use in "It's the ...
Oxford Dictionary has 273,000 headwords; 171,476 of them being in current use, 47,156 being obsolete words and around 9,500 derivative words included as subentries. The dictionary contains 157,000 combinations and derivatives, and 169,000 phrases and combinations, making a total of over 600,000 word-forms. [37] [38]
Inflationary bias is the outcome of discretionary monetary policy that leads to a higher than optimal level of inflation. Depending on the way expectations are formed in the private sector of the economy, there may or may not be a transitory income increase. The term may also refer to the practice of a public debt-ridden nation enacting ...
A thesaurus or synonym dictionary lists similar or related words; these are often, but not always, synonyms. [15] The word poecilonym is a rare synonym of the word synonym. It is not entered in most major dictionaries and is a curiosity or piece of trivia for being an autological word because of its meta quality as a synonym of synonym.
Backward induction is the process of determining a sequence of optimal choices by reasoning from the endpoint of a problem or situation back to its beginning using individual events or actions. [1] Backward induction involves examining the final point in a series of decisions and identifying the optimal process or action required to arrive at ...
Sure, you could make a Turkey Noodle Soup in less than half the time the stock takes, ... 'I like them more than my Pyrex' Show comments. Advertisement. Search Recipes. Pomegranate Panna Cotta.
As far as we have been able to discover, the received rule originated in 1770 as a comment on less: "This Word is most commonly used in speaking of a Number; where I should think Fewer would do better. 'No Fewer than a Hundred' appears to me, not only more elegant than 'No less than a Hundred', but more strictly proper." (Robert Baker 1770). [14]