Economic-good
noun
1.
a commodity or service that can be utilized to satisfy human wants and that has exchange value.
Read Also:
- Economic indicator
noun 1. a statistical measure representing an economic variable: the retail price index is an economic indicator of the actual level of prices
- Economic indicators
Series of statistical figures, such as the consumer price index or the gross domestic product, used by economists to predict future economic activity.
- Economic migrant
noun 1. a person who moves from one region, place, or country to another in order to improve his or her standard of living
- Economic-model
noun, Economics. 1. (def 10).
- Economic rationalism
noun 1. (Austral & NZ) an economic policy based on the efficiency of market forces, characterized by minimal government intervention, tax cuts, privatization, and deregulation of labour markets