rationing systems 配給制
ways of distributing goods that do not rely on prices, such as queues, lotteries, and coupons
real balance effect 實(shí)際余額效應(yīng)
as prices fall, the real value of people’s money holdings increases, and they consume more
real business-cycle theorists 實(shí)際經(jīng)濟(jì)周期理論家
a school of economists who contend that the economy’s fluctuations have nothing to do with monetary policy but are determined by real forces
real income 實(shí)際收入
income measured by what it can actually buy, rather than by the amount of money
real product wage 實(shí)際產(chǎn)品工資
the wage divided by the price of the good being produced
regulatory capture 管制俘虜
a term used to describe a situation in which regulators serve the interests of the regulated rather than the interests of consumers
relative performance compensation 相對(duì)表現(xiàn)補(bǔ)償
pay (compensation) based on performance on the job relative to others who have similar responsibilities and authority
rent seeking 尋租
the name given to behavior that seeks to obtain benefits from favorable government decisions, such as protection from foreign competition
revenue curve 收益曲線(xiàn)
the relationship between a firm’s total output and its revenue
revenues 收益
the amount a firm receives for selling its products, equal to the price received multiplied by the quantity sold
right-to-work laws 工作權(quán)利法
laws that prevent union membership from being a condition of employment
risk averse / loving / neutral 厭惡風(fēng)險(xiǎn)/喜愛(ài)風(fēng)險(xiǎn)/中性風(fēng)險(xiǎn)
given equal expected returns and different risks risk averse people will choose assets with lower risk, risk loving people will choose assets with higher risk, and risk-neutral individuals will not care about differences in risk
risk premium 風(fēng)險(xiǎn)收益
the additional interest required by lenders as compensation for the risk that a borrower may default; more generally, the extra return required to compensate an investor
ways of distributing goods that do not rely on prices, such as queues, lotteries, and coupons
real balance effect 實(shí)際余額效應(yīng)
as prices fall, the real value of people’s money holdings increases, and they consume more
real business-cycle theorists 實(shí)際經(jīng)濟(jì)周期理論家
a school of economists who contend that the economy’s fluctuations have nothing to do with monetary policy but are determined by real forces
real income 實(shí)際收入
income measured by what it can actually buy, rather than by the amount of money
real product wage 實(shí)際產(chǎn)品工資
the wage divided by the price of the good being produced
regulatory capture 管制俘虜
a term used to describe a situation in which regulators serve the interests of the regulated rather than the interests of consumers
relative performance compensation 相對(duì)表現(xiàn)補(bǔ)償
pay (compensation) based on performance on the job relative to others who have similar responsibilities and authority
rent seeking 尋租
the name given to behavior that seeks to obtain benefits from favorable government decisions, such as protection from foreign competition
revenue curve 收益曲線(xiàn)
the relationship between a firm’s total output and its revenue
revenues 收益
the amount a firm receives for selling its products, equal to the price received multiplied by the quantity sold
right-to-work laws 工作權(quán)利法
laws that prevent union membership from being a condition of employment
risk averse / loving / neutral 厭惡風(fēng)險(xiǎn)/喜愛(ài)風(fēng)險(xiǎn)/中性風(fēng)險(xiǎn)
given equal expected returns and different risks risk averse people will choose assets with lower risk, risk loving people will choose assets with higher risk, and risk-neutral individuals will not care about differences in risk
risk premium 風(fēng)險(xiǎn)收益
the additional interest required by lenders as compensation for the risk that a borrower may default; more generally, the extra return required to compensate an investor