TOTAL UTILITY
Overall satisfaction level a consumer receives by consuming a specific product or service. Every unit of a product or service has its own marginal utility. In essence, total utility is the aggregate marginal utilities of each unit. Classical economic theory implies all consumers seek to obtain the highest possible level of total utility for the money they spend on a product or service.
POPULAR TERMS
Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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SEE FOREX TUTORIAL
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Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Principles of Trading: Risk Management
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A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
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| Time | Country | Indices | Period |
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| 03:45 | Markit Final Manufacturing PMI | Oct | |
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| 10:30 | Procure PMI Index | Oct |
