There are 94 entries in the GLOSS*arama starting with the letter B.

Entries 1 through 35:

• b
• Baby Boomer
• backstop resource
• backward-bending labor supply curve
• balance of payments
• balance of payments deficit
• balance of payments surplus
• balance of services
• balance of trade
• balance of trade deficit
• balance of trade surplus
• balance sheet
• balanced budget
• balanced-budget amendment
• balanced-budget multiplier
• bank
• bank assets
• bank balance sheet
• bank failure
• Bank for International Settlements
• bank liabilities
• Bank of the United States
• bank panic
• Bank Panic of 1907
• bank reserves
• bank run
• banking
• bankruptcy
• banks
• bar chart
• barrier to entry
• barter
• barter economy
• barter exchange
• BBB

Back to the GLOSS*arama

Total factor cost per unit of factor input employed by a monopsony in the production of output, found by dividing total factor cost by the quantity of factor input. Average factor cost, abbreviated AFC, is generally equal to the factor price. However, using the longer term average factor cost makes it easier to see the connection to related terms, including total factor cost and marginal factor cost.

Complete Entry | Visit the WEB*pedia

Our pedestrian's jaunt through the economy is not, unfortunately, an unrestrained shopping spree for confectioneries, spark plug tools, and Houston, Texas. We have other important errands to run. At the moment we need to hike over to Shady Valley's exclusive provider of cable television services, the Merciless Monolithic Media Masters Cable Television Company, Inc., to inquire about a mysterious fee that appeared last month's bill.

The good news is that the Merciless Monolithic Media Masters (the 4M people) Cable office is a mere 2 miles (3 kilometers for the metrically inclined) from the Shady Valley Central Town Sprawling Hills Shopping Mall. A hop, skip, and a moderately long jump later, our excursion through the economy takes us to the front door of the 4M Cable Television Company where I hope to discover why last month's cable bill included a $3,569 charge for something called "The Vacation Channel." I didn't even know I had a vacation channel. (But, I'm sure it's a great channel, and if I don't have it, then I will certainly subscribe. Please don't disconnect me.)

Of course, because this an afternoon workday, the doors of the 4M office are locked. I can almost make out, through the expensive stained glass windows, what appears to be several Merciless Monolithic Media Masters Cable Television employees, with champaign bottles in hand, dancing on expensive mahogany desks. Let's not disturb them. As they say in the cable business, an upset worker is a disconnected customer.
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Today, you are likely to spend a great deal of time wandering around the downtown area trying to buy either shoe laces for your snow boots or a rim for your spare tire. Be on the lookout for the happiest person in the room.
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