MARGINAL PROPENSITY TO CONSUME - MPC
Component of Keynesian theory; proportion of the total raise in pay which is spent on goods and services, instead of being saved. To get MPC, divide the change in the consumption by the incremental change in disposable income that caused the consumption change.
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Foam The Runway
A term indicating the last-minute infusion of cash into a company about to go bankrupt. Airports foam runways prior to an imminent crash landing to ...
Soft Commodity
Soft commodities are commodities that are, in general, grown and not mined. Examples of soft commodity include fruit, cocoa, sugar, and coffee. ...
Blanket Insurance
Liability insurance which covers more than one property within the same location, same property at different locations, or multiple properties at m ...
American Taxpayer Relief Act of 2012
Act averting the tax aspect of the fiscal cliff by preventing several tax breaks from maturing as scheduled. It also ...
Present Value Of An Annuity
It refers to the discount amount of a dividend payment over the stock or bond’s term.
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For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
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