|
|
NET INTEREST: The official item in the National Income and Product Accounts maintained by the Bureau of Economic Analysis measuring interest earned by the household sector for supplying capital services. This is one of five official factor payments making up national income. The other four are compensation of employees, rental income of persons, corporate profits, and proprietors' income. Net interest is usually less than 10% of national income, typically in the 6-8% range.
Visit the GLOSS*arama
|
|

|
|
|
ARC ELASTICITY The average elasticity for discrete changes in two variables. The distinguishing characteristic of arc elasticity is that percentage changes are calculated based on the average of initial and ending values of each variable, rather than initial values. Arc elasticity is generally calculated using the midpoint elasticity formula. The contrast to arc elasticity is point elasticity. For infinitesimally small changes in two variables, arc elasticity is the same as point elasticity.
Complete Entry | Visit the WEB*pedia |


|
|
|
Al Capone's business card said he was a used furniture dealer.
|
|
|
"Try not to become a man of success but rather to become a man of value. " -- Albert Einstein
|
|
SBDC Small Business Development Center
|
|
|
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.
User Feedback
|

|