|
|
DISCOURAGED WORKERS: People who are willing and able to engage in productive activities, but due to their overwhelming lack of success have stopped seeking employment. Discouraged workers believe that any effort to find a job will be fruitless. Discouraged workers fall within the broader category of marginally-attached workers, people who are willing and able to work, who have either held a job or searched for employment within the last year, but are not actively seeking employment. People are marginally attached to the labor force for a variety of reasons, discouraged workers achieve their designation because they believe search efforts would not be worthwhile.
Visit the GLOSS*arama
|
|
|
|
|
Lesson 17: Money | Unit 4: Money's History
|
Page: 17 of 25
|
A long time ago, our ancestors realized that life could be better with a little trading.- Our ancestors first satisfied their own wants and needs.
- Then, self-sufficiency gave way to barter.
Two reasons for barter: - First: Barter lets resources specialize in production.
- Second: With barter trades, people can access a wider variety of goods than they could produce on their own.
- Barter is a more effective way of satisfying our wants and needs.
However barter is not perfect: - We need double coincidence of wants.
- It takes resources for trades.
Therefore: - Our ancestors progressed to the next stage: commodity money.
|
|
|
|
|
|
|
L A broad monetary measure that combines M3 plus several liquid assets, including commercial paper, U.S. Treasury bills, savings bonds, and bankers' acceptances. L used to be tracked and reported by the Federal Reserve System along with M1, M2, and M3. However, L is no longer reported.
Complete Entry | Visit the WEB*pedia |
|
|
BLUE PLACIDOLA
[What's This?]
Today, you are likely to spend a great deal of time searching for rummage sales hoping to buy either a coffee cup commemorating the moon landing or a how-to book on surfing the Internet. Be on the lookout for pencil sharpeners with an attitude.
Your Complete Scope
This isn't me! What am I?
|
|
|
Three-forths of the gold mined each year is used to manufacture jewelry.
|
|
|
"Far and away the best prize that life has to offer is the chance to work hard at work worth doing." -- Theodore Roosevelt, 26th US president
|
|
TSP
Time Series Econometrics (software)
|
|
|
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
|
|
