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
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
noun 1. the return on a productive resource, as land or labor, that is greater than the amount necessary to keep the resource producing or on a product in excess of what would have been the return except for some unique factor. noun 1. (economics) a payment to a factor of production (land, labour, or […]