B
Benefits principle 受益原則
The idea that people should pay taxes based on the benefits they receive from government services
Bond 債券
A certificate of indebtedness
Budget constraint 預(yù)算約束
The limit on the consumption bundles that a consumer can afford
Budget deficit 預(yù)算赤字
An excess of government spending over government receipts
Budget surplus 預(yù)算盈余
An excess of government receipts over government spendin
barriers to entry 進(jìn)入障礙
factors that prevent firms from entering a market, such as government rules or patents
basic competitive model 基本競爭模型
the model of the economy that pulls together the assumptions of self-interested consumers, profit maximizing firms, and perfectly competitive markets
bequest savings motive 儲蓄的遺產(chǎn)動機
people save so that they can leave an inheritance to their children
Bertrand competition 伯特蘭競爭
an oligopoly in which each firm believes that its rivals are committed to keeping their prices fixed and that customers can be lured away by offering lower prices
bilateral trade 雙邊貿(mào)易
trade between two parties
boom 繁榮
a period of time when resources are being fully used and GDP is growing steadily
Benefits principle 受益原則
The idea that people should pay taxes based on the benefits they receive from government services
Bond 債券
A certificate of indebtedness
Budget constraint 預(yù)算約束
The limit on the consumption bundles that a consumer can afford
Budget deficit 預(yù)算赤字
An excess of government spending over government receipts
Budget surplus 預(yù)算盈余
An excess of government receipts over government spendin
barriers to entry 進(jìn)入障礙
factors that prevent firms from entering a market, such as government rules or patents
basic competitive model 基本競爭模型
the model of the economy that pulls together the assumptions of self-interested consumers, profit maximizing firms, and perfectly competitive markets
bequest savings motive 儲蓄的遺產(chǎn)動機
people save so that they can leave an inheritance to their children
Bertrand competition 伯特蘭競爭
an oligopoly in which each firm believes that its rivals are committed to keeping their prices fixed and that customers can be lured away by offering lower prices
bilateral trade 雙邊貿(mào)易
trade between two parties
boom 繁榮
a period of time when resources are being fully used and GDP is growing steadily