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  2. Soundproofing - Wikipedia

    en.wikipedia.org/wiki/Soundproofing

    A pair of headphones being tested inside an anechoic chamber for soundproofing. Soundproofing is any means of impeding sound propagation.There are several methods employed including increasing the distance between the source and receiver, decoupling, using noise barriers to reflect or absorb the energy of the sound waves, using damping structures such as sound baffles for absorption, or using ...

  3. Economic system - Wikipedia

    en.wikipedia.org/wiki/Economic_system

    An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.

  4. Noise control - Wikipedia

    en.wikipedia.org/wiki/Noise_control

    Using a combination of sound absorption materials, arrays of microphones and speakers, and a digital processor, a restaurant operator can use a tablet computer to selectively control noise levels at different places in the restaurant: the microphone arrays pick up sound and send it to the digital processor, which controls the speakers to output ...

  5. Public budgeting - Wikipedia

    en.wikipedia.org/wiki/Public_budgeting

    PPBS Budgeting, or Program Planning Budgeting System, is the link between the line-item and program budgets and the more complex performance budget. As opposed to the more simple program budget, this decision making tool links the program under consideration to the ways and means of facilitating the program.

  6. Economic efficiency - Wikipedia

    en.wikipedia.org/wiki/Economic_efficiency

    Microeconomic reform is the implementation of policies that aim to reduce economic distortions via deregulation, and move toward economic efficiency. However, there is no clear theoretical basis for the belief that removing a market distortion will always increase economic efficiency.

  7. Trade-off - Wikipedia

    en.wikipedia.org/wiki/Trade-off

    In economics a trade-off is expressed in terms of the opportunity cost of a particular choice, which is the loss of the most preferred alternative given up. [2] A tradeoff, then, involves a sacrifice that must be made to obtain a certain product, service, or experience, rather than others that could be made or obtained using the same required resources.

  8. Sectoral balances - Wikipedia

    en.wikipedia.org/wiki/Sectoral_balances

    A budget surplus means the opposite: in total, the government has removed more money from private bank accounts via taxes than it has put back in via spending. Therefore, budget deficits, by definition, are equivalent to adding net financial assets to the private sector; whereas budget surpluses remove financial assets from the private sector.

  9. Program budgeting - Wikipedia

    en.wikipedia.org/wiki/Program_budgeting

    Program budgeting or programme budgeting, developed by U.S. president Lyndon Johnson, is the budgeting system that, contrary to conventional budgeting, describes and gives the detailed costs of every activity or program that is to be carried out with a given budget. For example, expected results in a proposed program are described fully, along ...

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