|
|
REAL PRODUCTION: The market value of all production measured in constant prices, after adjusting for inflation. Real production is typically measured with real GDP.
Visit the GLOSS*arama
|
|
|
|
|
Lesson 13: The Firm | Unit 4: U.S. Firms
|
Page: 20 of 24
|
- A break down of the legal firm types for different industries:
- While proprietorships dominant almost all types of production, except for finance, they tend to be most predominant in construction, transportation, trade, and services.
- Moreover, should you encounter a proprietorship the chances are very good that person will be working in the service industry.
- Partnerships tend to surface in finance, agriculture, and mining.
- Corporations constitute about 20% of all firms in the economy. However, they tend to make up relatively larger shares of the manufacturing, trade, and finance industries.
|
|
|
|
|
|
|
INFLATION CAUSES Inflation, the persistent increase in the average price level, can be caused by an increase in aggregate demand or a decrease in aggregate supply. This suggests two basics sources, causes, or types of inflation--demand-pull inflation and cost-push inflation. While short-term bouts of inflation (up to several months) can result from anything (determinant) that might cause either increases in aggregate demand or decreases in aggregate supply, long-term inflation (a year or more) is possible ONLY through persistent increases in the money supply. As such, while demand-pull inflation and cost-push inflation are convenient ways to catalog the transmission mechanisms of inflation, the ultimate CAUSE of inflation is money.
Complete Entry | Visit the WEB*pedia |
|
|
BLACK DISMALAPOD
[What's This?]
Today, you are likely to spend a great deal of time at a crowded estate auction hoping to buy either a flower arrangement with a lot of roses for your grandmother or a wall poster commemorating the first day of winter. Be on the lookout for poorly written technical manuals.
Your Complete Scope
This isn't me! What am I?
|
|
|
Mark Twain said "I wonder how much it would take to buy soap buble if there was only one in the world."
|
|
|
"The greatest things ever done on Earth have been done little by little. " -- William Jennings Bryan
|
|
AV
Actual Value
|
|
|
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
|
|
