OUTPUT GAP
An economic measure of the difference between the actual output of an economy and the output it could achieve when it is most efficient, or at full capacity. There are two types of output gaps: positive and negative. A positive output gap occurs when actual output is more than the full-capacity output. Negative output gap occurs when actual output is less than full-capacity output.
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Pay received by an individual from working after adding bonuses and subtracting employment taxes, cost of benefits, and retirement contributions. I ...
Redemption Fee
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Catalyst
Something causing or initiating a significant event to happen such as news and information. Initially, it used to pertain to a reaction in chemistr ...
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The geographic area in which a single currency would create the greatest economic benefit. While traditionally each country has maintained its own ...
Advance Canvass
A technique employed by companies to gain a “buzz” in advance of a promotional campaign or a new product launch, by paying a visit to r ...
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