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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 ...
Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...
A telephone call or telephone conversation (or telcon [1] [a]), also known as a phone call or voice call (or simply a call), is a connection over a telephone network between the called party and the calling party. Telephone calls started in the late 19th century, initially relying on analog systems.
When dialing a telephone number, the area code may have to be preceded by a trunk prefix or national access code for domestic calls, and for international calls by the international access code and country code. Area codes are often quoted by including the national access code. For example, a number in London may be listed as 020 7946 0321.
In telecommunications, a long-distance call (U.S.) or trunk call (also known as a toll call in the U.K. [citation needed]) is a telephone call made to a location outside a defined local calling area. Long-distance calls are typically charged a higher billing rate than local calls.
MINNEAPOLIS (AP) — American farmers are hoping that aid to agriculture will be revived as Congress struggles to pass a short-term spending bill that would keep the federal government funded and ...
Typical charges for businesses were US$150 for a thousand messages (equivalent to $4,736 in 2023). Pay stations were being set up around the business district, charging 15 cents per call (equivalent to $5.49 in 2023). American Bell would send a team to make a pitch to business leaders in a city about starting a branch.
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