Economic growth Economic growth has two meanings: Firstly, and most commonly, growth is defined as an increase in the output that an economy produces over a period of time, the minimum being two consecutive quarters. The second meaning of economic growth is an increase in what an economy can produce if it is using all its scarce resources. The simplest way to show economic growth is to bundle all goods into two basic categories, consumer and capital goods.
Voluntary export restraint WTO: World Trade Organization Abandonment value: The value of a project if the project's assets were sold externally; or alternatively, its opportunity value if the assets were employed elsewhere in the firm.
ABC method of inventory control: Method that controls expensive inventory items more closely than less expensive items. The ability to produce a good at lower cost, in terms of labor, than another country. An absolute advantage exists when a nation or other economic region is able to produce a good or service more efficiently than a second nation or region.
The rule in bankruptcy or reorganization that claims of a set of claim holders must be paid, or settled, in full before the next, junior, set of claim holders may be paid anything. Absorption and balance of trade: Total demand for goods and services by all residents consumers, producers, and government of a country as opposed to total demand for that country's output.
The balance of trade is equal to income minus absorption. Methods of depreciation that write off the cost of a capital asset faster than under straight-line depreciation. A time draft that is accepted by the drawee. The party accepting a draft incurs the obligation to pay it at maturity.
In the balance of payments, a transaction that is a result of actions taken officially to manage international payments; in contrast with autonomous transaction.
Thus official reserve transactions are accommodating, as may be short-term capital flows that respond to expectations of intervention. Amounts of money owed to a firm by customers who have bought goods or services on credit.
A current asset, the accounts receivable account is also called receivables. Amounts owed but not yet paid for wages, taxes, interest, and dividends.
The accrued expenses account is a short-term liability. Current assets less inventories divided by current liabilities. It shows a firm's ability to meet current liabilities with its most liquid quick assets.
In an acquisition of assets, one firm acquires the assets of another company. None of the liabilities supporting that asset are transferred to the purchaser. In an acquisition of stock, one firm buys an equity interest in another.
In a merger or acquisition, the difference between the purchase price and the pre-acquisition value of the target firm. Act of State Doctrine: This doctrine says that a nation is sovereign within its own borders and its domestic actions may not be questioned in the courts of another nation.
An investment approach that actively shifts funds either between asset classes i. Activity based cost i. An accounting method that allocates costs to specific products based on breakdowns of cost drivers. Ratios that measure how effectively the firm is using its assets. A tariff assessed as a percentage of the value of an import.
Funds received by a company in a sale of common stock that are in excess of the par or stated value of the stock. An exchange rate that is pegged, but for which it is understood that the par value will be changed occasionally.
This system can be subject to extreme speculative attack and financial crisis, since speculators may easily anticipate these changes.A sensitivity analysis of the input measurements/estimates showed gC is highly sensitive to small changes in canopy and air temperature, and less sensitive to the other required measurements (relative humidity, net radiation, wind speed, and plant canopy height).
Employment Protection, Investment in Job-Specific Skills, and Inequality Trends in the United States and Europe. With Ruben Gaetani.
Abstract: Since the s, the United States has experienced a sharp rise in the college wage premium. In contrast, in a number of European economies such as Germany and Italy the return to education .
The economic growth rate is calculated from data on GDP estimated by countries´statistical agencies. The rate of growth of GDP/capita is calculated from data on GDP and people for the initial and final periods included in the analysis of the analyst. May 25, · In face of the insulin role in bone metabolism, a deficiency in insulin production or action explains why young diabetics may have physical growth and development impairment, presenting typically underdevelopment in height and weight when compared to non-diabetic subjects According to a study by El-Bialy et al in type 1 diabetic.
Study 2 reports a content analysis of the known population of skin cancer Public Service Announcements (PSAs) available via the internet in The aforementioned groups were not present in any of the PSAs.
Via careful electrochemical analysis and HPLC oxidation product studies, the observed emission growth of B-TOH is shown to occur via the deactivation of a Photoinduced Electron Transfer (PET) process, operative only in reduced B-TOH.