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USER CHARGE: A tax that's disguised as a price--a charge for the use of a publicly provided good. Government produces and supplies a number of near-public goods, like education, libraries, parks, and transportation systems. The "prices" for these goods are user charges. The logic is that people who benefit from the good and are willing to pay, should pay for them. While this helps pay production costs, it tends to be inefficient.
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FOREIGN INVESTMENT: The purchase of financial and physical assets in one country by businesses and residents of another. Business that call one country their home, especially those from more advanced nations, have found it advantageous to construct factories, establish distribution centers, buy corporate stock, or otherwise invest in the assets of another country. Foreign investment indicates that an economy is relatively productive and worthy of investment by others. See also | investment | capital | asset | corporate stock | trade surplus | trade deficit | balance of trade | balance of payments |
Recommended Citation:FOREIGN INVESTMENT, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2024. [Accessed: September 16, 2024].
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SIXTH RULE OF IGNORANCE The sixth of seven basic rules of the economy, stating that obtaining information is a costly activity that requires resources with alternative uses. As such, no one knows everything and everyone is ignorant about something.
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ORANGE REBELOON
[What's This?]
Today, you are likely to spend a great deal of time wandering around the downtown area wanting to buy either a large green chalkboard shaped like the state of Maine or a replacement battery for your pocket calculator. Be on the lookout for telephone calls from long-lost relatives.
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Before 1933, the U.S. dime was legal as payment only in transactions of $10 or less.
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"You need just the right amount of ambition . . . If you have too little ambition, you don't push or work hard. If you have too much ambition, you put yourself ahead of others, elbow them out of your way. " -- Andy Grove, Intel chairman and co-founder
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IBEX-35
Stock Index (Spain)
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