- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
A pegged exchange rate with a credible commitment never to change the par value, thus subordinating monetary policy to the needs of the exchange market and denying access to devaluation as a policy tool. In practice, the effects of a hard peg are achieved only through a currency board or by adopting another country's currency, e. G. Dollarization.
Industry:Economy
A description of the fractions of a population that are at various levels of income. The larger are the differences in income, the "worse" the income distribution is usually said to be, the smaller the "better. " International trade and factor movements can alter countries' income distributions by changing prices of low- and high-paid factors.
Industry:Economy
1.谈到单独一家公司或行业，在发生时输出增加持有一些固定的输入的常数的同时扩展可变投入的生产成本的上升。收益递减规律的必然结果。2.一般均衡，增加机会成本。
Industry:Economy
属性的生产函数，更改所有投入按同一比例更改输出更多比在比例。常见形式包括均质程度大于一个和恒定的边际成本，但积极的固定的成本与生产。也称为规模经济、 规模经济和简单地增加回报。对比与降低返回和常量返回。
Industry:Economy
