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- 19:07, 2 June 2020 (diff | hist) . . (+254) . . N Recession (Created page with "Recession is a significant decline in national output. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Recession. A signific...")
- 19:02, 2 June 2020 (diff | hist) . . (+358) . . N Real value (Created page with "Real value is an economic statistic after it has been adjusted for inflation; contrast with nominal value. ==Definition== According to Principles of Economics by Timoth...") (current)
- 18:59, 2 June 2020 (diff | hist) . . (+284) . . N Real interest rate (Created page with "Real interest rate is the rate of interest with inflation subtracted. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Real int...")
- 18:57, 2 June 2020 (diff | hist) . . (+520) . . N Rational ignorance (Created page with "Rational ignorance is the theory that rational people won't bother incurring the costs of becoming informed and voting because they know that their vote won't be decisive...") (current)
- 18:55, 2 June 2020 (diff | hist) . . (+476) . . N Rational expectations (Created page with "Rational expectations is the theory that people form the most accurate possible expectations about the future that they can, using all information available to them. ==De...")
- 18:49, 2 June 2020 (diff | hist) . . (+516) . . N Race to the bottom (Created page with "Race to the bottom is when production locates in countries with the lowest environmental (or other) standards, putting pressure on all countries to reduce their environmen...") (current)
- 18:44, 2 June 2020 (diff | hist) . . (+340) . . N Quintile (Created page with "Quintiles is dividing a group into fifths, a method often used to look at distribution of income. ==Definition== According to Principles of Economics by Timothy Taylor...")
- 18:40, 2 June 2020 (diff | hist) . . (+330) . . N Quantity supplied (Created page with "Quantity supplied is the total number of units of a good or service sold at a certain price. ==Definition== According to Principles of Economics by Timothy Taylor (3rd...") (current)
- 18:40, 2 June 2020 (diff | hist) . . (+340) . . N Quantity demanded (Created page with "Quantity demanded is the total number of units of a good or service purchased at a certain price. ==Definition== According to Principles of Economics by Timothy Taylor...") (current)
- 18:37, 2 June 2020 (diff | hist) . . (+420) . . N Public good (Created page with "Public good is a good that is nonexcludable and nonrivalrous, and thus is difficult for market producers to sell to individual consumers. ==Definition== According to Pr...") (current)
- 18:28, 2 June 2020 (diff | hist) . . (+648) . . N Quality/new goods bias (Created page with "Quality/new goods bias is inflation calculated using a fixed basket of goods over time tends to overstate the true rise in cost of living because it doesn't take into acco...") (current)
- 18:27, 2 June 2020 (diff | hist) . . (+227) . . Purchasing power parity (current)
- 18:26, 2 June 2020 (diff | hist) . . (+366) . . N Public company (Created page with "Public company is a firm that has sold stock to the public, which in turn can be bought and sold by investors. ==Definition== According to Principles of Economics by Ti...") (current)
- 18:26, 2 June 2020 (diff | hist) . . (+275) . . N Protectionism (Created page with "Protectionism are government policies to reduce or block imports. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Protectionis...")
- 18:24, 2 June 2020 (diff | hist) . . (+346) . . N Proportional tax (Created page with "Proportional tax is a tax that is a flat percentage of income earned, regardless of level of income. ==Definition== According to Principles of Economics by Timothy Tayl...") (current)
- 18:24, 2 June 2020 (diff | hist) . . (+389) . . N Property rights (Created page with "Property rights are the legal rights of ownership on which others are not allowed to infringe without paying compensation. ==Definition== According to Principles of Eco...") (current)
- 18:23, 2 June 2020 (diff | hist) . . (+230) . . Progressive tax (current)
- 18:21, 2 June 2020 (diff | hist) . . (+166) . . Productivity
- 18:20, 2 June 2020 (diff | hist) . . (+410) . . N Productive efficiency (Created page with "Productive efficiency is when it is impossible to produce more of one good without decreasing the quantity produced of another good. ==Definition== According to Princip...") (current)
- 18:19, 2 June 2020 (diff | hist) . . (+317) . . N Production technologies (Created page with "Production technologies are alternative methods of combining inputs to produce output. ==Definition== According to Principles of Economics by Timothy Taylor (3rd editio...") (current)
- 18:18, 2 June 2020 (diff | hist) . . (+405) . . N Production possibilities frontier (Created page with "Production possibilities frontier is a diagram that shows the combinations of output that are possible for an economy to produce. ==Definition== According to Principle...")
- 18:17, 2 June 2020 (diff | hist) . . (+476) . . N Production function (Created page with "Production function is the process of a firm turning economic inputs like labor, machinery, and raw materials into outputs like goods and services used by consumers. ==De...")
- 18:16, 2 June 2020 (diff | hist) . . (+542) . . N Producer surplus (Created page with "Producer surplus is the benefit producers receive from selling a good or service, measured by the price the producer actually received minus the price the producer would h...") (current)
- 18:15, 2 June 2020 (diff | hist) . . (+408) . . N Producer Price Index (Created page with "Producer Price Index is a measure of inflation based on the prices paid for supplies and inputs by producers of goods and services. ==Definition== According to Principl...") (current)
- 18:14, 2 June 2020 (diff | hist) . . (+172) . . Privatization (current)
- 18:12, 2 June 2020 (diff | hist) . . (+304) . . N Private company (Created page with "Private company is a firm owned by the people who run it on a day-to-day basis. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :...") (current)
- 18:12, 2 June 2020 (diff | hist) . . (+418) . . N Prisoner's dilemma (Created page with "Prisoner's dilemma is a game in which if both players pursue their own self-interest, they both end up worse off than if they cooperate. ==Definition== According to Pri...") (current)
- 18:11, 2 June 2020 (diff | hist) . . (+196) . . Principal
- 18:09, 2 June 2020 (diff | hist) . . (+364) . . N Price takers (Created page with "Price takers is a firm in a perfectly competitive market that must take the prevailing market price as given. ==Definition== According to Principles of Economics by Tim...") (current)
- 18:08, 2 June 2020 (diff | hist) . . (+302) . . N Price floor (Created page with "Price floor is a law that prevents a price from falling below a certain level. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :[...") (current)
- 17:47, 2 June 2020 (diff | hist) . . (0) . . Positive statement
- 17:45, 2 June 2020 (diff | hist) . . (+268) . . N Price elasticity of supply (Created page with "Price elasticity of supply is the same as elasticity of supply. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Price elastici...") (current)
- 17:44, 2 June 2020 (diff | hist) . . (+268) . . N Price elasticity of demand (Created page with "Price elasticity of demand is the same as elasticity of demand. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Price elastici...") (current)
- 17:44, 2 June 2020 (diff | hist) . . (+253) . . N Price controls (Created page with "Price controls are government laws to regulate prices. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Price controls. Gover...") (current)
- 17:43, 2 June 2020 (diff | hist) . . (+304) . . N Price ceiling (Created page with "Price ceiling is a law that prevents a price from rising above a certain level. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :...") (current)
- 17:42, 2 June 2020 (diff | hist) . . (+358) . . N Price cap regulation (Created page with "Price cap regulation is when the regulator sets a price that a firm cannot exceed over the next few years. ==Definition== According to Principles of Economics by Timoth...") (current)
- 17:41, 2 June 2020 (diff | hist) . . (+247) . . N Premiums (Created page with "Premiums are payments made to an insurance company. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Premiums. Payments made...")
- 17:40, 2 June 2020 (diff | hist) . . (+364) . . N Predatory pricing (Created page with "Predatory pricing is when an existing firm uses sharp but temporary price cuts to discourage new competition. ==Definition== According to Principles of Economics by Tim...")
- 17:40, 2 June 2020 (diff | hist) . . (+523) . . N Poverty trap (Created page with "Poverty trap is when antipoverty programs are set up so that government benefits decline substantially as people earn more income—and as a result, working provides littl...") (current)
- 17:39, 2 June 2020 (diff | hist) . . (+314) . . N Poverty line (Created page with "Poverty line is the specific amount of income needed for a basic standard of living. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition)...") (current)
- 17:38, 2 June 2020 (diff | hist) . . (+324) . . N Poverty (Created page with "Poverty is falling below a certain level of income needed for a basic standard of living. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edi...") (current)
- 17:37, 2 June 2020 (diff | hist) . . (+444) . . N Potential GDP (Created page with "Potential GDP is the maximum quantity that an economy can produce given its existing levels of labor, physical capital, technology, and institutions. ==Definition== Accor...") (current)
- 17:36, 2 June 2020 (diff | hist) . . (+281) . . N Positive statement (Created page with "Positive statements are statements that describe the world as it is. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Positive...")
- 17:36, 2 June 2020 (diff | hist) . . (+400) . . N Positive externality (Created page with "Positive externality is a situation where a third party, outside the transaction, benefits from a market transaction by others. ==Definition== According to Principles o...") (current)
- 17:35, 2 June 2020 (diff | hist) . . (+410) . . N Portfolio investment (Created page with "Portfolio investment is an investment in another country that is purely financial and doesn't involve any management responsibility. ==Definition== According to Princip...") (current)
- 17:31, 2 June 2020 (diff | hist) . . (+310) . . N Pork-barrel spending (Created page with "Pork-barrel spending is spending that benefits mainly a single political district. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition)...") (current)
- 17:30, 2 June 2020 (diff | hist) . . (+370) . . N Pollution charge (Created page with "Pollution charge is a tax imposed on the quantity of pollution that a firm emits; also called a "pollution tax." ==Definition== According to Principles of Economics by...") (current)
- 17:30, 2 June 2020 (diff | hist) . . (+290) . . N Physical capital (Created page with "Physical capital is the plant and equipment used by firms in production. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Physi...") (current)
- 17:29, 2 June 2020 (diff | hist) . . (+280) . . N Phillips curve (Created page with "Phillips curve is the trade-off between unemployment and inflation. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Phillips c...")
- 17:28, 2 June 2020 (diff | hist) . . (+494) . . N Permanent income hypothesis (Created page with "Permanent income hypothesis is when individuals think about how much to consume, they look into the future and consider how much income they expect to earn in their lifeti...") (current)
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