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Macroeconomics Macroeconomics
Macroeconomics MACROECONOMIC VARIABLES ORIGIN AND EVOLUTION THEORETICAL, EMPIRICAL, AND POLICY SIGNIFICANCE POLICY DEBATE BIBLIOGRAPHY The field of economics is divided into two subfields: macroeconomics and microeconomics. Macroeconomics is the study of the economy as a whole. It examines... Read more
Economies of scope Economies of scope
Economies of Scope Economies of scope are cost advantages that result when firms provide a variety of products rather than specializing in the production or delivery of a single product or service. Economies of scope also exist if a firm can produce a given level of output of each product line more... Read more
Antitrust Legislation Antitrust Legislation
Antitrust LegislationBIBLIOGRAPHYModern antitrust legislation may be said to have originated in the United States, with the Sherman Act of 1890, although government efforts to regulate the market are as old as government itself. Viewed in this larger perspective, antitrust legislation can be seen to... Read more
Economies of scale Economies of scale
Economies of ScaleBIBLIOGRAPHYIt is commonly observed that in producing and distributing almost every economic good there is some systematic relationship between the size or scale of the plant and the production cost per unit of output, and a similar relationship between the scale of the firm and... Read more
Codetermination Codetermination
Codetermination BIBLIOGRAPHY Codetermination guarantees worker representation in the management of a firm. It is commonly found in coordinated market economies such as Germany. Liberal market economies, such as the United States, typically do not legislate mandatory worker representation in... Read more
The Gap Inc The Gap Inc
The Gap, Inc. 2 Folsom StreetSan Francisco, California 94105U.S.A.Telephone: (650) 952-4400Fax: (415) 427-2553Web site: http://www.gap.com Public CompanyIncorporated: 1969 as The Gap Stores, Inc.Employees: 169,000Sales: $14.4 billion (2003)Stock Exchanges: New YorkTicker Symbol: GPSNAIC:... Read more
Market socialism Market socialism
Socialism, Market BIBLIOGRAPHY Market socialism became recognized as a concept in the 1960s as a result of the ferment in Soviet bloc countries, whose economies were administered nonmarket entities. As a concept it generally embraced the idea of a nationalized economy embedded in a... Read more
web web
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positional economy positional economy
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black economy black economy
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